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McElroy: Detroit 3 Profitable Again in 3 Years

McElroy: Detroit 3 Profitable Again in 3 Years

Automotive industry analyst John McElroy is “bullish” about the future of the Detroit 3, forecasting a profit break-even point at 10-million SAAR (seasonally adjusted annual rate) and for the domestic OEMs to be “extremely profitable” at 14 million units yearly in sales.

March 1, 2010