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Originally Posted by rck0025
I think the only thing that is going to save the automotive industry (especially GM) is technological innovation.
However, I think GM's business model has been broke for a loooooong time. The rise in oil prices, coupled with the financial crisis is just the straw (in my humble opinion) that broke the camel's back.
How many versions of the same truck and car under 5 different brands did they ever expect to sell?
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You haven't looked at GM products lately. They don't do that anymore. You don't see more than 2 of a like vehicle at GM divisions.