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...example of the challenges that GM faces. It is investing $750 million in the Chevrolet Volt, a range-extended electric vehicle that is supposed to get 40 miles on a charge of electricity. It is a major technological achievement, but analysts figure that the cost of the extra batteries in the Volt will raise its price to around $40,000. Since sales volume will be very small, GM will lose money on every one. Volt will be great for corporate egos but lousy for the bottom line. (See the Top 10 Bailout Measures...

Author: /time Magazine | Title: Even with a Bailout, GM's Profit Prospects Look Bleak | 12/3/2008 | See Source »

...important thing is to secure these loans," Gettelfinger said. "We're just in a major economic downturn," he said. "We're willing to take an extra [cut] here to make sure that they survive long term," he said...

Author: /time Magazine | Title: UAW agrees to Concessions With Automakers | 12/3/2008 | See Source »

...Election Commission lengthened this year’s presidential campaign from four days to 11, giving student government hopefuls an extra week to preen and be vetted before polls open...

Author: By Chelsea L. Shover, CRIMSON STAFF WRITER | Title: Election Period Extended | 12/2/2008 | See Source »

...know that it will have an effect,” said Daniel V. Kroop ’10, who manages the campaign of presidential candidate Andrea R. Flores ’10 and running mate Kia J. McLeod ’10. Kroop added that he thought that the extra time might encourage students to take another look at candidates...

Author: By Chelsea L. Shover, CRIMSON STAFF WRITER | Title: Election Period Extended | 12/2/2008 | See Source »

...deals are more generic on Cyber Monday and half as good [as Black Friday]," says Vincent. Stores will make up for that with extra enticements like lower purchase minimums for free shipping or a free-shipping voucher with gift-card sales, a promotion Lands' End is having. "Free-shipping deals is a minimum cost of entry," says Cassar. "Essentially, retailers will subsidize it, with those costs coming out of their margins." In addition, sites will offer more bundles like "buy one, get 50% off another item," which help stores move two pieces of merchandise and lower their inventory levels. This...

Author: /time Magazine | Title: It's Cyber Monday. Will E-Retailers Have a Letdown? | 12/1/2008 | See Source »

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