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	<title>-GM Bailout- &#187; GM plant closings</title>
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	<description>Frank discussion on the crisis facing the automotive industry</description>
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		<title>More Plant Closings For GM</title>
		<link>http://www.gmbailout.com/2009/04/17/more-plant-closings-for-gm/</link>
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		<pubDate>Fri, 17 Apr 2009 17:25:50 +0000</pubDate>
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				<category><![CDATA[GM Bailout]]></category>
		<category><![CDATA[GM CEO]]></category>
		<category><![CDATA[GM plant closings]]></category>
		<category><![CDATA[Hummer]]></category>

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		<description><![CDATA[GM&#8217;s new CEO estimated today that more plant closings would be in store for the car company. The closings will be announced in the next few months.
CNBC&#8217;s auto reporter Phil Lebeau broke the news, along with the proposed sale price for the Hummer line: $150 million, very low for a line of autos.
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			<content:encoded><![CDATA[<p>GM&#8217;s new CEO <a href="http://voices.washingtonpost.com/economy-watch/2009/04/gm_ceo_more_plant_closings_com.html">estimated today</a> that more plant closings would be in store for the car company. The closings will be announced in the next few months.</p>
<p>CNBC&#8217;s auto reporter Phil Lebeau broke the news, along with the proposed sale price for the Hummer line: $150 million, very low for a line of autos.</p>
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