Detroit's Output Plans May Lack Economic PunchGene Koretz
With U.S. motor vehicle sales speeding up in August, the Big Three auto makers and the foreign-owned plants that produce cars in North America have announced plans to boost light-truck and car output in the fourth quarter to 3.9 million vehicles--8.3% above the year-earlier level. Some economists figure that should be enough to add a percentage point or two to economic growth in the final three months of the year.
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