Loading ...DETROIT, Jan 5 (Reuters) - ArvinMeritor Inc is cutting base salaries of about 100 senior executives by 10 percent as it looks to conserve cash in response to \”worsening economic conditions,\” the auto parts supplier said on Monday. The pay cuts come at a time when pressure is mounting on U.S. auto parts makers, reeling from sinking demand from automakers globally. The car and truck parts maker …
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Japan Car and Parts Export Service
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