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Description

Cheap gasoline was once hailed as a huge break for the working class, but as crude oil prices remain depressed, the dark side of sub-$2 per gallon gasoline is starting to rear its ugly head.
Fiat Chrysler Automobiles (FCA) is eliminating 1,300 jobs at its plant in Sterling Heights, Mich.,, marking the first permanent layoffs by the company in seven years. That plant manufactures the Chrysler 200, a mid-sized sedan that has received a decent reception critically, but is a sales flop.