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Re: GM shares fall below $10 for first time since 1954
It's hard to believe, that's the problem. Every automaker (ok, not Honda) is taking it hard right now. The whole market is in a downturn and if its not because truck sales are tanking, its because people who were otherwise considering buying a car (any kind of car) are holding off, probably to see just how bad things are going to get across the broader economy through the rest of the year. The Big 3 need cash and if they can't get it, I'm afraid what happens to one is going to happen to all of them.
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Webshots: My Camaros, the Camaro Concepts, and the Sunoco Camaro in action at VIR
The Typical Honda/Toyota driver: You are bland and boring and risk-averse. Not to mention you could care less about buying a foreign junk car. These are dependable cars, no doubt, but lack any substance or style. Crappy handling and worse styling. Screams "I have no style or class and live a boring, meager existence. Please let me get over into the exit lane." ~ Posted by Steve11115555 on Forbes.com
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