This week's bailout hearing signaled what looks like the ultimate day of reckoning for this country's once-great and world-dominating car making industry. All Americans are tired of the excuses.
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This Monday, the new car and truck sales reports for the month of October will be announced, and are expected to be the worst in 25-or-more years.
Bob Lutz, a Vice-Chairman at GM, turns the key and there is no engine sound. There is no hyperbole in that statement. There is NO engine sound.
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