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General Motors, Detroit, MI, has sued Goodyear Tire & Rubber, Akron, OH, claiming the tiremaker is improperly withholding some shipments in a dispute over prices.


General Motors, Detroit, MI, has sued Goodyear Tire & Rubber, Akron, OH, claiming the tiremaker is improperly withholding Withholding

Any tax that is taken directly out of an individual's wages or other income before he or she receives the funds.

Notes:
In other words, these funds are "withheld" from your wages.
 some shipments in a dispute over prices. The suit was filed in Macomb Country Circuit Court in the Detroit suburb of Mount Clemens Mount Clemens (klĕm`ənz), city (1990 pop. 18,405), seat of Macomb co., NE of Detroit, SE Mich., on the Clinton River; settled c.1798, inc. as a city 1879. The city is known for its mineral waters. . GM' s global purchasing and supply Purchasing and Supply can have several different definitions. According to the Institute for Supply Management (ISM) [1], purchasing is defined as a major function of an organization that is responsible for acquisition of required materials, services, and equipment.  chain operations are based in nearby Warren. Goodyear supplies more than 8 million tires a year to GM, which sold 9.2 million vehicles worldwide in 2005.
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Title Annotation:Corporate, financial news
Publication:Rubber World
Date:Sep 1, 2006
Words:73
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