More woes for GM: 4th quarter loss

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Wetson

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« on: February 12, 2008, 07:33:50 am »

This comes as a surprise but a 4th quarter loss of $722 million. Wow I thought they were starting to turn around.

http://www.reuters.com/article/newsOne/idUSWNAS050820080212


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Allen

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« Reply #1 on: February 12, 2008, 08:05:17 am »

Quote

Wow I thought they were starting to turn around.

Yeah it was a U turn Grin


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Simple

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« Reply #2 on: February 12, 2008, 08:21:12 am »

GM Posts Record US Automotive Loss of $38.7B for 2007
http://biz.yahoo.com/ap/080212/earns_gm.html

A huge improvement over the 3rd quarter losses.


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Wetson

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« Reply #3 on: February 12, 2008, 11:21:21 am »

Talk about a company that is hemmoraging red!


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