: Good news from GM, for a change.



Jesda
10-25-06, 08:36 PM
[Mixed news, mostly good.

http://biz.yahoo.com/ap/061025/earns_gm.html?.v=16

Snippets:
GM said its third-quarter revenue totaled $48.8 billion, up from $47.1 billion during the same period last year.

In North America, GM lost $374 million, but that was an improvement of $1.3 billion over last year, the company said.

So, a small pat on the back goes to Ron and Bob, but opening a bottle of celebratory wine would be premature.

CVP33
10-25-06, 08:50 PM
The stock was pummelled today after a nice run up yesterday.

ChicagoCTS32
10-25-06, 08:54 PM
I'm sure you'll love this Chris...

DaimlerChrysler is considering selling off the chrysler group after a staggering loss this year.

Jesda
10-25-06, 08:57 PM
Chrysler out of the hands of Germans? I LOVE THE SOUND OF THAT!

Florian
10-25-06, 09:47 PM
CVP who's gonna make your pimp300's now? Im confused.


F

ChicagoCTS32
10-25-06, 10:58 PM
Guess all that "mercedes benz engineering in the chrysler/dodge/jeep" products might go to waste...

I doubt they'll sell it off so fast. But then again, it could be back to the big 3 instead of 2.5.