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Furthermore the foreign car maker has already conquered more than 50 % of the current American auto market after the takeover by Ford and GM so was desperate to react to catch up again.
Although the UAW made sure to drive a hard bargain, they agreed soon, as, after years of high losses, cost cutting became apparently necessary to prevent GM from going bankrupt and hence keep thousands of people from unemployment.
On the other hand the new wage agreements are a small success for the UAW as wage reductions will mainly have an effect at new employees and many current workers will even get a better salary...
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