Rocky1974 Wrote:
Aug 19, 2012 12:24 PM
You don't remember correctly. GM was #1 in sales last year. They were #3 in profits, but they did make more money last year than they ever had in their 104-year history. That's the reason I find these articles that they are going bankrupt again so hilarious. I know it’s election season and I know that Obama is using the auto bailouts as a cornerstone of his re-election campaign, but that doesn’t give our side free reign to make up things that have absolutely no basis in fact. All this does is make us look stupid. Yes, Toyota has been on the ropes, and yes, they are getting their footing back, and yes, they will get the sales crown back this year. But none of this is going to drive GM back into bankruptcy.