GM Posts $39 Billion Loss, the largest annual loss ever for a U.S. automaker

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coolmazda5

Member

Contributor

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2008 Mazda5 5MT Sport w/ Popular Package

• Feb 12, 2008

• #1

Come on G8, save them!

Source:
http://www.leftlanenews.com/gm-posts-39-billion-loss.html

 

1

1sty

Member

Contributor

:

2006 Toyota Tundra DC

• Feb 12, 2008

• #2

The simple version now...HOW ARE THEY STILL IN BUSINESS????

 

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TinmanMS6

Member

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2012 Subaru WRX

• Feb 12, 2008

• #3

The huge loss was the result of GM taking $38.6 billion non-cash charge...

Click to expand...

They charged off some tax credits. They didn't actually lose that much money.

 

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Boosted03MSP

Member

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2003 Mazdaspeed Protege Black Mica #928

• Feb 12, 2008

• #4

I guess americans are getting smarter and not buying piece of s*** cars as much.

 

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Roywhitep5

Member

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2007 350z

• Feb 13, 2008

• #5

wtf major companies cost less than that

 

bazooka joe

No words

Moderator

Contributor

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92 & 16 Meyatas

• Feb 13, 2008

• #6

maybe the feds will bail them out like they did chrysler in 79?