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Even Mercedes is halting production for a month Posted by Pete [Email] ![]() ![]() In Reply to: GM finances affecting new 9-5 etc. rollout?, Bill, Wed, 29 Oct 2008 08:39:31 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Even Mercedes is halting production for a month -- its a very tough time globally for car makers, seems like its titanic in the US for the US brands.
It will be very interesting to watch in the next weeks what happens with the GM-Chrysler merger. If the Feds fund it (and make GMAC a "bank" so its gets its share of the $700B), then I would bet its likely that there will continue to be lots of US tax money thrown at the automakers.
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