GM: We do have contingency plans, and will do what's best for the company, and customers:

<ul><li>Escalation of a strike by UAW's top leadership is unnecessary</li><li>We have now presented 5 separate economic proposals</li><li>We will continue to bargain in good faith with the union to reach an agreement as quickly as possible</li><li>We do have contingency plans and will do what's best for the company, customers</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.