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Reuters: GM confident it can compete even after cuts

Started by dave, July 16, 2008, 02:41:05 AM

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dave

GM confident it can compete even after cuts
      


DETROIT (Reuters) - General Motors Corp will be able to invest more to develop cars and crossover vehicles even after $10 billion in cost cuts under a rushed restructuring that the U.S. automaker sees as the last of its kind, the company's president said on Tuesday.
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