HAMBURG — BMW management and labor have reached an agreement on measures to reduce costs that avoids “drastic measures,” the automaker said on Wednesday. The agreement involves reducing bonuses for workers based on company profits, as well changes to...
DETROIT — Long before the pistons for General Motors Co. V-6 engines reach the automaker’s plant near Detroit in Romulus, Mich., they are seasoned international travelers. Powdered aluminum from Tennessee is shipped to Pennsylvania and forged at high...