GM, Ford and Chrysler place new-product bets
Call it Chrysler's Hail Mary strategy. Caught in a vise between looming federal fuel economy regulations and its own desperate financial circumstances, Chrysler LLC revealed last week that it will put a line of electric vehicles into production -- one of the vehicles in 2010. With its revelation, Chrysler hoped to silence critics who said the company had no new products to brag about. FULL STORY
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