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GM apologizes for "betraying" American consumers, focusing on gas guzzlers

GM's done it. The General has apologized to America in an ad today in Automotive News (and available all over the place, including after the jump). The stated self-flagellations are for: Vehicles that were "below industry standards" "Lackluster" designs Commitments to compensation plans that are now "unsustainable" Too many brands and dealers, and "We also biased our product mix toward pick-up trucks and SUVs." That last one is quite an admission from the company that brought us the HUMMER, the Escalade, and the Yukon/Tahoe. ... Read more →

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