Thursday, January 26, 2006

GM loses $4.8 billion in quarter

Just when it seemed things couldn't get worse for General Motors Corp., they did, as the embattled automaker said Thursday it lost a total of $4.8 billion in just the last three months of 2005, far worse than Wall Street expectations.

FULL STORY

2 Comments:

At Thursday, January 26, 2006 1:23:00 PM , Blogger Van said...

This can only mean one thing - labor cuts.

GM will likely Chineeseify soon.

 
At Thursday, January 26, 2006 8:53:00 PM , Blogger EAPrez said...

Nothing they do is about helping the laborer!

 

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