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Both times that this has happened on my 2001 Buick Regal AND 2001 Grand Am it has been a clogged Catalytic Converter. Both times it was covered by a blanket 120,000 mile warranty regardless of whether or not you are the original owner. Take the car to a reputable GM dealer for this.

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Q: Why does the 1992 Grand Am lose power after it reaches 40 miles per hour?
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