DETROIT (AP) - American Axle and Manufacturing Holdings Inc. boosted its wage offer and increased the payments it will give workers to take a wage cut as part of a tentative agreement that could settle an 11-week strike by the United Auto Workers union, a person briefed on the deal said Saturday.
American Axle had been offering a pay cut from $28 (euro18) to $17 (euro11) per hour for production workers, with a $90,000 (euro58,072) wage "buy down'' over three years to help workers at the auto parts supplier make the transition to lower pay.
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