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Car Dealer in Chief

New York Times, 30 March 2009

Some companies are in the steel business, some are in the cookie business, but General Motors is in the restructuring business. For 30 years, G.M. has been restructuring itself toward long-term viability. For all these years, G.M.’s market share has endured a long, steady slide. But this has not stopped the waves of restructuring.

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