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AD #1221 – Buy Buy GM, Chrysler’s Shrewd Stock Move, Cherokee Delayed… Again
General Motors is back to investment grade status for the first time since 2005. Sergio Marchionne makes a calculated move in taking Chrysler public once again. Production of Jeep’s new Cherokee stalls out due to reported quality problems. All that and more, plus John McElroy explains why the auto industry is getting its butt kicked by the oil industry.
The skinny
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