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#1
03-14-2007, 02:35 PM
Hummer Authority
Join Date: Oct 2005
Location: Where you live??
Posts: 1,947
Way to go GM
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#2
03-14-2007, 03:42 PM
Hummer Messiah
Join Date: Apr 2003
Location: Virginia Beach
Posts: 37,474
Re: Way to go GM
I thought the porfit number was ginormous because of recent history, until I read this part:
"The fourth-quarter results included $770 million in special items attributed to the sale of a 51 percent stake in GM?s financial arm, General Motors Acceptance Corp. But the Detroit company said it would have made $180 million in the quarter without the GMAC sale proceeds."
None-the-less, that's great news.
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#3
03-14-2007, 04:24 PM
Hummer Professional
Join Date: Sep 2006
Posts: 497
Re: Way to go GM
As goes General Motors so goes The World--I hope indeed good news. Now if we just lose the whiny jap buyers who never quit whining unless they buy a rusting oil burning toyota or whatever rice burner that they never quit lying about GM and America will be fine. The Rebel
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#4
03-14-2007, 05:24 PM
Posts: n/a
Re: Way to go GM
A positive step in the turnaround effort.
#5
03-17-2007, 05:52 AM
Hummer Guru
Join Date: Jan 2005
Location: Dallas, TX USA
Posts: 2,314
Re: Way to go GM
Who bought "General Motors Acceptance Corp"??? Capital One?
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