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Summary: With oil prices again near $50 a barrel and Detroit socked with both declining market share and profit-eating incentive wars on their bread-and-butter vehicles, America's Big Three face an unprecedented competitive challenge. The only way to regain leadership and protect thousands of high-paying jobs is to meet this "perfect storm" with high performance, high efficiency hybrid technology, NRDC's chief auto analyst told the Automotive News World Congress. Read the complete article…
Date: 20 January 2005
Source: just-auto.com editorial team
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