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Auto News digest.

Publication: Automotive News
Publication Date: 09-JUL-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Auto News digest.(Briefs)(Ford leads in Daewoo bidding)(Dura Automotive Systems Inc. sell Atwood Mobile Products )

Article Excerpt
GM will retain Allison liability

DETROIT - General Motors said last week that it would retain responsibility for pension and retiree medical costs for current workers at Allison Transmission after the unit is taken private in a $5.6 billion deal, Reuters reported.

GM outlined its retiree liability in a filing with the Securities and Exchange Commission. GM said UAW workers at Allison...

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