Back in November, GM announced its plans to move 1,500 employees from its Detroit headquarters. That was terrible news for the city, so it decided to make a deal with GM and offer important tax breaks to convince the car manufacturer to stay, says automobilesmag.com.
"It came down purely to a business decision," said Tom Wilkinson, a GM spokesman. "The move was going to cost tens of millions of dollars and the decision was made that right now the best thing to do was spend that… (read more)