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Thread: Things getting better at GM?

  1. 04-07-2010, 04:12 PM #1
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    Default Things getting better at GM?


    Things seem to be getting better at General Motors. Did they learn their lesson. Do you think we did the right thing helping them out?

    GM Ready To Repay Govt Loan, Sees Chance Of Profit - CBS News
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  2. 04-07-2010, 04:25 PM #2
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    Quote Originally Posted by rcfillingham View Post
    Things seem to be getting better at General Motors. Did they learn their lesson. Do you think we did the right thing helping them out?

    GM Ready To Repay Govt Loan, Sees Chance Of Profit - CBS News
    I just heard on CNN that the UNION is suing GM for 500 million for retiree benefits.
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  3. 04-07-2010, 05:01 PM #3
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    GM Posts $4.3B Loss For July-to-December; Plans Early Loan Payoff...

    Sounds like my finance manager's thinking... Get the life jackets boys..I think Fannie Mae & Freddy Mac operated under the same pretense..:D

    Can't wait for the first contract negotiations between the Federal Reserve & the UAW both being owners of Government Motors...Could be interesting..

    I was a loyal GM person and still own a 2009 Impala...Very sound car..Don't have anything good to say about the 2007 Chevy truck though..
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  4. 04-07-2010, 05:21 PM #4
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    Toyota doing great also, don't look like gov motors hurt them too bad with congress attack on them.

    April 01, 2010
    Toyota Reports March and First Quarter Sales
    Toyota Motor Sales (TMS), U.S.A., Inc., today reported March sales results of 186,863 units, an increase of 35.3 percent over the same period last year, on a daily selling rate (DSR) basis. On a raw volume basis, unadjusted for 26 selling days in March 2010, compared to 25 selling days in March 2009, TMS sales were up 40.7 percent for the month, compared to the same period last year.
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  5. 04-07-2010, 06:57 PM #5
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    Wonder if my old GM stocks will ever be worth anything again?

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  6. 04-07-2010, 07:18 PM #6
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    Quote Originally Posted by yankee doodler View Post
    Wonder if my old GM stocks will ever be worth anything again?
    YD

    Don't despair, GM's went up also as did Ford this quarter but Ford did take over as the number one vehicle dealer.
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  7. 04-07-2010, 09:08 PM #7
    snowdave
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    staying with toyota
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  8. 04-07-2010, 09:22 PM #8
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    I never had a lick of trouble with my '07. Already had 67k on it when a Mercury turned her into toast. I like my '09 a lot, but will never buy another GM other than maybe a Camaro.
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