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Private equity

GM and Chrysler steer different paths to recovery

By Bernard Simon in Toronto

Published: August 14 2009 19:02 | Last updated: August 14 2009 19:02

Detroit’s two embattled carmakers, General Motors and Chrysler, have been a study in contrasts since their emergence from court-supervised restructurings in recent months.

The “new” GM has galloped out of the gate with a slew of announcements on management shuffles, new vehicles and other initiatives. Meanwhile, Chrysler has been relatively silent apart from run-of-the-mill sales promotions.

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