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Hummer (stylized in all ... However, on April 7, 2010, this attempt failed as well, and General Motors officially said it was shutting down the Hummer SUV brand and ...
Marketed as a radically different new car, the Edsel failed to impress the buying public – despite containing new features such as self-adjusting brakes and automatic lubrication, which would later be adopted across the automotive industry – as it mainly consisted of Ford and Mercury components already used in other vehicles.
The SW model had a relatively obscure run as a USPS vehicle, which resulted from GM's failed plan to attack the Japanese market directly with right-hand-drive Saturn S-Series vehicles. Upon its failure in the Japanese market, Saturn sold off its surplus of RHD wagons in an attempt to "compete in the very narrow niche of providing right-hand ...
China has a track record of failure when it comes to investing in iconic U.S. brands. Back in May 2007, China's State Investment Company got a $3 billion stake in Blackstone Group (BX) ,which at ...
In 2006, its attempts to obtain U.S. government financing to support its pension liabilities and also to form commercial alliances with Nissan and Renault failed. For fiscal year 2007, GM's losses for the year were US$38.7 billion, (~$54.8 billion in 2023) [ 18 ] and sales for the following year dropped by 45%.
The 2008–2010 automotive industry crisis formed part of the 2007–2008 financial crisis and the resulting Great Recession.The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry.
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Surely, someone would have thrown their coat over her, ran to look for water, screamed at her to stop, drop and roll. Found a fire extinguisher.