Re: GM to sell Allison Transmission
Not quite as bad as Ford...yet. Ford sold all their plants to a third party and are technically leasing them back (a lease back agreement). GM is just selling off everything but their car/truck units, and getting back to the basics.
Besides, this puts the workers at Allison under a new owner, so if Allison starts to go under, GM is not responsible. (Not that Allison will be going under.)
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