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Archive Home > 2009 > July > 31 > Automakers cut costs, wait for turnaround

Automakers cut costs, wait for turnaround


July 31, 2009

PARIS " Car and truck manufacturers around the globe are conserving cash by running down inventories and cutting everything from pay to travel, especially in Japan. German carmakers have gotten help trimming workers' hours through government programs that compensate staff for lost pay.

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