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It’s The Mortgage Industry’s Fault For Low Sales At GM.

Posted by david | April 23, 2007

At least thats what GM’s Bob Lutz seems to think. I generally think its their lack of interesting cars, bad design, poor fuel economy and better competitors, but that’s just me.

Sure, people are having trouble paying their mortgages lately, but I bet the drops in auto sales are not as significant at Honda and Toyota, where innovation, fuel economy and reasonable prices are priorities #1.

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