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Detroit automakers rely on U.S. truck sales for global profits

2015-04-28 23:50:46| Automakers - Topix.net

Detroit automakers have come full circle, relying as they did before the financial crisis on profits from selling trucks and sport utility vehicles in the United States to cover losses overseas. That's the profit formula Detroit was supposed to move beyond after the financial crisis, gas price shocks and the federal bailouts of General Motors and Chrysler.

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Category:Automotive

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