COMPANIES General Motors revealed plans on Thursday to build a small car in the US, capitalising on lower labour costs wrung from the United Auto Workers union as part of the ailing carmaker’s restructuring.
GM, which is set to file for Chapter 11 bankruptcy protection on Monday, presented the as-yet-unnamed small car as an example of how its restructuring will revive its domestic operations by bringing down costs and making the cars that Americans want to buy.
