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Car and Auto Stock: Prices and Tips - Wall Street …

2019-6-25 · In 2009, both General Motors and Chrysler went belly-up. This put the American auto industry back a small $110 billion in bailout funds. Two years later, just as the auto market started to regain traction, the European debt crisis happened. GM’s recalls (due to defective car parts resulting in deaths) had certainly salted the auto stock game.

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