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How the times have changed. In the last thirty years free trade and U.S. Government regulations along with a few other factors have put the U.S. auto industry, once one of the largest employers of Americans, on the ropes. Chrysler has been swallowed up by Fiat. GM is in the process of being cut up into smaller pieces through bankruptcy proceedings. If GM happens to survive, it will be a much smaller company compared to the big mega corporation it...
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California's a mess. A bankrupt fiasco. A state that has regulated and spent itself into a well of debt so deep it makes the economic situation in the other 49 states seem not half-bad. But instead of putting a chokehold on California's run-amok bureaucrats, the federal government just gave them the go ahead to impose California-specific... |
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Small is in. Small - and inexpensive, especially. Throw in cute - and you've got something that might actually sell in a market that's as flatlined as Michael Jackson's pulse. Cue the 2010 Kia Soul. WHAT IT ISThe Soul is a boxy little five-door hatchback runabout similar in theme to the got-there-first Scion xB but com... |
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It is here - finally. After an almost eight-year absence, the Chevy Camaro has returned - just in time for GM's bankruptcy party, too. Is it the light at the end of the tunnel? Or the light they say you see right about the time you go toes up? In six months' time, I predict, we will know the answer. WHAT IT ISEveryone knows Cama... |
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There's an optimistic lull right now characterized by cautious happy talk about "green shoots" and "signs of recovery." Don't believe a word. Two trillion dollars' worth (more or less, depending on whose numbers you use) of people's net wealth has just - poof! - disappeared since the whole seedy debt-financed, over-leveraged house of cards collapse... |
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