Selected category: Auto

GM's Rick Wagoner is turning to Chrysler, Toyota and the US government for support. The government should commit to giving support, but not in the form requested.

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The banking sector isn't the only industry that is getting clobbered. American car manufacturers are getting hammered because of high oil prices, a consumer shift out of SUVs, and a general sales slowdown. So what is there to do? Cut.

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GM is offering a sweet financing deal or some good cash back to clear out their 2008 models.

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