GM And Chrysler Symbolise Gradual Sector Recovery

After emerging from bankruptcy in 2009, General Motors Company (GM) and Chrysler are showing the first real signs of a recovery, mirroring the turnaround in US vehicle sales, which BMI expects to be sustainable for the rest of the year. GM has announced earlier-than-expected loan repayments and new investment, while Chrysler's Q1 results also exceeded expectations. Meanwhile, both have recorded improved sales on their home turf as the market itself grew by 15.5% year-on-year (y-o-y) in

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