As U.S. lawmakers grapple with how best to aid the domestic auto industry, the Center for Automotive Research fires a warning shot in Washington’s direction. If half of the U.S. facilities run by General Motors Corp., Chrysler LLC and Ford Motor Co. were allowed to close “the immediate shock to the economy would be felt well beyond the Detroit Three,” CAR says today in a statement. Suppliers and overseas-based auto makers with U.S. operations would suffer severely, CAR adds. And if ...
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