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Prashant Pankaj, ET BUREAU

General Motors, Ford Motor and Chrysler may be forced into bankruptcy by slowing economies and dwindling US auto sales, according to a Standard & Poor’s analyst. U.S. industrywide sales tumbled 27 per cent in September, the most in 17 years.

Global demand in 2009 may “experience an outright collapse”,’ according to JD Power.

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