Economic Woes Still Hamper Automotive Recovery
With the economy still struggling to regain momentum after the financial crisis of 2007-09 and 14 million Americans out of work, the planners at GM and a host of corporations across America are in no rush to make big new investments to ramp up output and hiring.
The world's second-biggest automaker has not reopened its idled plants or built new ones as Americans rein in spending.
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