Gm expects to save $13 billion in uaw deal

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General Motors Corp. said it expected to see net cost savings of about $13 billion over six years from its healthcare deal with the United Auto Workers union. GM, in a Securities and


Exchange Commission filing, also said it might take a pre-tax charge of at least $1 billion in the first quarter of 2006 as it begins to account for payments to a fund created for future


retiree healthcare costs. Separately, GM said it opposed a request by Delphi Corp. to drop 5,000 unprofitable contracts, saying the parts supplier had failed to show the move would help its


ailing business. MORE TO READ