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Analysts: GM 'In a battle for their life'

According to the Center of Automotive Research (CAR), General Motors is the trauma patient with doctors gathered around the gurney giving their all to save it -- and just outside the ER doors, nurses are holding back concerned parties and shouting "It's better that you don't see!" CAR Chairman Dave Cole says it comes down to revenue, and with GM's $15.5 billion Q2 loss, revenue is down by $10 billion vs. Q2 of 2007.

Cole says "Revenue is a measure of the business going forward." We think that's a bit overstated, and that revenue is more accurately a measure of business just transacted. True, multi-billion dollar losses and revenue decreases don't make the best stories, but did anyone really expect it to be cotton candy canes as the world's -- possibly -- largest automaker transfers nearly its entire product lineup from trucks to cars and crossovers?

Admittedly, GM has nothing but an indefinitely long fight-to-the-death cage match ahead of it. The product turnaround probably won't be completed in Q3. And, as GM's CFO said, it's "going to have to grow the business" in addition to making cost cutting moves like shuttering four truck plants by 2010.

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I would hope GM would bring the Beat to US because it is a perfect product to bring to a Country that is buying small. They are stupid not to.

GM needs to look at their small car segment and maybe put in a great Hybrid. I understand the Volt is going to be an impressive vehicle, but does GM have enough time to unveil this vehicle that is going to revolutionize the auto market in 2 years while giving the imports more of their market share? I see them whittling their tree and giving the imports its shavings.

I will never buy an Import as long as Ford or GM is still alive. I see a lot of potential in the two kicking the imports where they hurt most. Lets just hope they are playing with a full deck and not leaving important pieces out of their hand.
 
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