Three major U.S. automakers, including General Motors, are negotiating with United Auto Workers on wages, pension plans and health care. Analysts talk about what the industry hopes to achieve.

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Plagued by poor sales and an unprofitable year, Chrysler Group, the U.S. division of German company DaimlerChrysler, announced a restructuring plan Wednesday that aims to cut 16 percent of its worldwide workforce by 2009.

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