GM will probably cut production soon and will probably close plants from next week. It make a lot of sense to me, and this process should have happend 30 years ago when the gas prices went higher and GM had a downfall as well. GM ignored from it then, but now they have no choice but to close plants and cut production.
http://www.iht.com/articles/ap/2008/10/10/business/NA-US-GM-Factories.php
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