Friday, 4 July 2008

Cars

With gas prices at a national average of $4.10 its no wonder car sales are plummeting, having a direct effect on auto manufacturers. GM just cut 2000 plus jobs in Ontario, plus more across the US, as the parts market suffers due to a lack of demand. General Motors stocks are at 10 bucks a share, the auto giants lowest in 50 years.


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