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GM deal targets up to $4.5 billion in auto parts supply

The agreement is intended to help GM and other automakers avoid renewed parts disruptions tied to supply chain problems.

Reported · Written up by our desk · M&A & Deals

GM has reached a deal covering up to $4.5 billion for auto parts, aiming to reduce the risk of renewed supply chain disruptions, CNBC Markets reports.

The announcement follows years of global automotive supply chain issues that have affected GM and other companies, according to the outlet.

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