Новости NASCAR

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GM might need to eliminate five brands, close five assembly plants and renegotiate the United Auto Workers contract under a restructuring scenario unveiled Monday by Lache.

A leaner GM could emerge by keeping three brands -- Chevrolet, Cadillac and Buick -- and eliminating GMC, Hummer, Pontiac, Saturn and Saab, Lache said. GM would lose $2 billion in gross profits by killing those brands but cut $5 billion in costs, he said.

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