GM averts strike in Brazil by delaying layoffs
January 27, 2013 at 10:25 AM EST
SAO PAULO, Jan 27 (Reuters) - General Motors Co averted a looming strike in Brazil by delaying the layoff of as many as 750 workers until the end of the year and vowing to invest about 500 million reais ($246 million) at its Sao Jose dos Campos facility.