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GM sees no near rebound for U.S., goes shopping elsewhere |
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The U.S. is both General Motor's largest single market and its home turf, but it is also facing historically tough times. "The most important thing we can do is to turn around the North American business," said GM's Chief Operating Officer Fritz Henderson. "We do not have a huge amount of optimism for the rest of the year as the pressure on consumer continues." Because of the uncertainty in North America, more investment is going into emerging markets such as India and China. These (...)
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