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Re: General Motors Reports June 08 Sales; Truck Sales Down 17%; Mkt Share +2 Points
Nowhere near as apocalyptic as I feared, though the hits are being taken in the profitable sectors - i.e., trucks.
The rate of cash burn is my great fear for the General.
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Take heart. Do not be dejected. Remember, the US still has a world-class fast food industry. McDonald's, Burger King, KFC, Pizza Hut . . . American industrial might!
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