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General Motors (NYSE:GM) and Chrysler Group each agreed to extend contract talks with the United Auto Workers after they failed to reach a new agreement by yesterday's deadlineGeneral Motors (NYSE:GM) has a potential upside of 79.5% based on a current price of $22.18 and an average consensus analyst price target of $39.81.General Motors is currently below its 50-day moving average (MA) of $26.05 and below its 200-day MA of $31.33.