GM Losses top $8.6 Billion for 2005, Not the Worst Year Ever - Jalopnik Comments

GM Losses top $8.6 Billion for 2005, Not the Worst Year Ever

tazeeyore — Fri, 27 Jan 2006 10:17:33 EST

Removing the camaro for a few years and then re-releasing it was pretty lame. I bet they hope to sell more than ever since they did away with the camaro for a few years. Now everyone will want one....NOT. We shall see.

tazeeyore

GM Losses top $8.6 Billion for 2005, Not the Worst Year Ever

ThnderbltDoherty — Fri, 27 Jan 2006 10:05:09 EST

Of course, now that I think about it, isn't that one of the few places they're making money?

ThnderbltDoherty

GM Losses top $8.6 Billion for 2005, Not the Worst Year Ever

ThnderbltDoherty — Fri, 27 Jan 2006 10:04:23 EST

Well, if you take into account inflation, the '91 loss is significantly worse; it'd be 11.15 billion in today's dollars. But GM's return to profitability was built on cheap gas in the 90s (made cheaper by an economic collapse in Asia) and high-margin truck sales. So what GM needs right now is for China's economy to implode.

ThnderbltDoherty