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Originally Posted by Sneezy
looks like GM is going under. No surprise, they responded way too late to what the Japanese, Korean and European automakers are bringing to the market.
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Mmmm... bad news for all folks who will be hit.
This is just another non-sustainable industry to go - there's going to be plenty more when a "home industry" can't compete with foreign manufacturers - kinda pathetic.
Underlying is a massive - real massive - problem with a "consumption society" and an ability of pay for the imports of foreign product. The deficit is already more than substantial, but just going to get worse.