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General Motors Co. wants to simplify the profit-sharing formula for hourly workers to improve payouts, especially in years in which the automaker is making big money, Vice Chairman Stephen Girsky said Tuesday.

GM hopes to be more transparent in its dealings with the United Auto Workers union and wants its factory workers to share in the company's fortunes in the same way that salaried workers do, Girsky told investors at a conference in New York City.




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