The very mild signs of a crippling economic condition called “stagflation” aren't scaring General Motors Corp., which needs U.S. vehicle sales to remain healthy for the remainder of 2005 more than any other auto maker as it battles to post an annual profit. GM, which reports sales declined 7% in April vs. year-ago on a daily selling-rate basis, says it has not altered its forecast of 3.5% economic growth and industry sales topping 17 million units in 2005. Paul Ballew “There are ...
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