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Re: GM will close four factories for either one or two weeks in January
The reality of the market is that many people are upside down in their current loans or are in 72 month loans. All this does is stretch the buying cycle out until new buyers get back into the market. The credit crunch prohibits negative equity loans. What I fear is that when buyers are back in the market they will have learned to buy less car. Gm and the rest of the big three will be producing "premium" products, the bread and butter of the market will be Korean or Chinese.
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OPEC's greatest fear is America's amber waves of grain
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