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.

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2 comments:

  1. VanThursday, January 26, 2006 1:23:00 PM

    This can only mean one thing - labor cuts.

    GM will likely Chineeseify soon.

    ReplyDelete
  2. EAPrezThursday, January 26, 2006 8:53:00 PM

    Nothing they do is about helping the laborer!

    ReplyDelete