Submitted by lestat on October 21, 2007

• Category: Business
• Words: 574
• Pages: 3
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Article Summary
“Big savings likely for GM” is the tile of an article by Tom Krisher and Dee-Ann Durbin, which I found in the Business section of the Houston Chronicle, Friday September 28, 2007. The article is about a potential new contract between the United Auto Workers and General Motors Corporation. This contract has been describe as “groundbreaking” due to that its provision would save GM $2-3 billion dollars per year. Analysts are predicting that GM could invest this savings to the development of new products. The expectations are that GM would invest the savings into the development and production of electric cars.
The new contract would allow for GM to shift the...

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