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Author Topic: More woes for GM: 4th quarter loss  (Read 1408 times)

Offline Wetson

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More woes for GM: 4th quarter loss
« 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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Offline Allen

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Re: More woes for GM: 4th quarter loss
« 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 ;D
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Offline Silent Lucidity

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Re: More woes for GM: 4th quarter loss
« 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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Offline Wetson

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Re: More woes for GM: 4th quarter loss
« Reply #3 on: February 12, 2008, 11:21:21 am »
Talk about a company that is hemmoraging red!
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