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Autos.ca > The Parking Lot > Sales Reports & Industry News (Moderator: sirAQUAMAN64) > Topic: "New GM" Reports $1.2 Billion Loss
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DockMan
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« Reply #20 on: November 17, 2009, 03:43:27 pm »
Quote from: Just Bob on November 17, 2009, 01:13:56 pm



C'mon, help old Gill out here!

 ROFL ROFL Classic, well done!
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« Reply #21 on: November 17, 2009, 03:53:22 pm »
Quote from: Leviathan on November 16, 2009, 11:24:41 pm
Quote from: rrocket on November 16, 2009, 10:18:31 pm
Interesting for sure...but for all the wrong reasons.  I wonder exactly what is sucking all this money from GM?
A post a while back had said something about the large incentives on trucks to clear out aging 2009s in inventory. That can't help.

Dealers are selling GM trucks (same as Ford and Chrysler trucks I'm sure) as fast as they get them.

I don't buy into the reasons why GM and Ford are discounting them as massively as they are. If the 3 companies would back away slightly in their incentive levels on trucks they'd all be one hellava lot more profitable. And as an added benefit their image (and residuals) would improve.
« Last Edit: November 17, 2009, 03:56:34 pm by sirAQUAMAN64 » Logged
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