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View Full Version : General Motors first quarter 2009 report



VW Golf R32
07-05-2009, 09:23 PM
http://www.reuters.com/article/newsOne/idUSTRE5462J520090507

Ouch!

shakows
08-05-2009, 12:43 PM
They burnt through US$10 Billion in cash and revenue down 47% from the year-ago quarter

Its Chapter 11 or bust

Evman
08-05-2009, 08:45 PM
Bloody idiots. I think it's great that they're paying for their stupidity, but it's terrible that other brands (Holden, Opel, etc) will be paying the price too.

bigdogdazza
08-05-2009, 09:15 PM
What else sux is holden closing production down for a few months very soon, which means a long wait for new cars but I guess it would suck a lot harder for their production line workers eh.