GM lost in 2nd qrt in N-A - General Forum

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GM lost in 2nd qrt in N-A
Thursday, July 21, 2005 10:30 AM
General Motors posted a net loss of $286 million for the second quarter as its core North American auto operations lost $1.2 billion, The Wall Street Journal reported.
The world's largest automaker's global automotive operations lost $948 million, despite profitable results in three of its four regions, which were eclipsed by the North American loss. The overall loss is $286 million compared to net income of $1.4 billion. Revenue fell 1.5% to $48.51 billion.
Among GM's few positive developments: Its global market share rose, as did its share in North America, thanks to recent discounting programs which proved popular with buyers.
Still, GM North America's second-quarter loss compared to profits of $355 million during the same period last year. GM North America has registered about $2.5 billion in losses during the last six months.

WSJ..



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Re: GM lost in 2nd qrt in N-A
Thursday, July 21, 2005 12:30 PM
seems like they never make any gains



1989 Turbo Trans Am #82, 2007 Cobalt SS G85





Re: GM lost in 2nd qrt in N-A
Thursday, July 21, 2005 1:33 PM
And they had the employee discount! What a bunch of mismanaged departments..




Re: GM lost in 2nd qrt in N-A
Thursday, July 21, 2005 3:06 PM
ehhh i hope they figure out whats up


seems like there only doing bad in it's home country......



Re: GM lost in 2nd qrt in N-A
Friday, July 22, 2005 8:04 AM
Quarter 3 will be the interesting one. It will be primarily the Employee discount promotion from the start of the quarter.


-----------
Words that you can't use in modding: Finished, Perfect, Cheap.
Re: GM lost in 2nd qrt in N-A
Saturday, August 06, 2005 4:32 AM
Quick build another Chevy Venture line!!!!!


Team Tach Out
Http://www.team-tachout.com/
Falmouth,VA
Re: GM lost in 2nd qrt in N-A
Sunday, August 07, 2005 5:55 PM
The government will bail em out. They always do. Ever wonder why Chrysler is still around.


M-Powered...
Re: GM lost in 2nd qrt in N-A
Sunday, August 07, 2005 7:02 PM
BMW M3 wrote:The government will bail em out. They always do. Ever wonder why Chrysler is still around.


Bingo, we have a winner.




Re: GM lost in 2nd qrt in N-A
Thursday, August 25, 2005 10:51 PM
Mr.Goodwrench-G.T. your still a fag
Re: GM lost in 2nd qrt in N-A
Friday, August 26, 2005 12:20 AM
^ ^ ?




Re: GM lost in 2nd qrt in N-A
Friday, August 26, 2005 8:01 AM
^





Re: GM lost in 2nd qrt in N-A
Friday, August 26, 2005 6:03 PM
Dave B wrote:Mr.Goodwrench-G.T. your still a fag


go away



2000 2200 Cavalier: 9/14/2000--10/23/2006
2007 G85 SS S/C: 10/23/2006--Present
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Re: GM lost in 2nd qrt in N-A
Sunday, September 04, 2005 10:27 PM
Hey,

GM is the second largest employer in the USA. ( The #1 is the US Federal Government!! ) So GM isnt going anywhere!! The US Governement will help if they need it!!

Take care.

WJB



Real Cars ( and Trucks. ) Have 3 Pedals, 2 Shifters, and No Sparkplugs!!
Re: GM lost in 2nd qrt in N-A
Wednesday, September 07, 2005 5:39 PM
must be nice to be GM... kinda



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