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GM's Hard Turn
GM's Hard Turn
The General switches gears, focusing on small cars and looking to sell the Hummer brand.
GM is swerving away from trucks and SUVs, its long-time profit mainstays, and toward small cars; it also may sell its Hummer division. High energy prices have altered the U.S auto market, and chairman Rick Wagoner characterizes the changes as "long-term and permanent."
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