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GM posts steepest drop in September after government offer ends
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Old Timer
Picture of NamVetMike1969
Posted
GM posts steepest drop in September after government offer ends

http://www.msnbc.msn.com/id/33...9/ns/business-autos/

Who didn't see this coming ? So much for the government saving GM and jobs


Don’t believe everything you think.
 
Posts: 3501 | Location: Home is where you hang your @ | Registered: 18 September 2009Reply With QuoteReport This Post
Hatchling
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Yes, who didn't see it coming. With all of the foreign cars being let in. With state, county, cities giving them grants, building roads for them, years and years of tax cuts, and an anti-union young workforce. Plus the foreign countries their from gives the a tax break. Who didn't see it coming. At one time we had 90% of the car business in this country. Now we have less than 45% of car production. Korea, which sent in over 850,000 cars into this county last year has a 400% tariff against American cars. We sent in only a little over 400 cars. Who would give $80,000 for a $20,000 Ford? No one. Just think all of the profits they make go overseas. All of their main engineers, and paper pushers are foreign and over there. Just look at Anderson, who didn't see it coming.
Bob Miller
 
Posts: 44 | Registered: 26 February 2010Reply With QuoteReport This Post
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