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Welcome Forum The Lounge GM Problems

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  • #3935
    GTO Man
    Moderator

    I would assume GM will be cutting the dividend on their stock shortly. Hopefully not too many people are counting on the income from that very poorly run company.

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  • #32311
    Anonymous
    Inactive

    I just found it funny that GM stays #1 but is in all this trouble. Then there is no mention of Ford or Chryslerbus’s issues. If it’s doom and gloom, then how could they stay #1? Ah, give the accountants and bean counters a week and they can make the numbers dance the right way.

    IMO Chryslerbus is the company that will fold first.

    #32312
    GTO Man
    Moderator

    How long will GM be around with sales down 45%? Maybe GM, Ford and Chrysler should merge. That probably wouldn’t work since putting 3 losing companies together would create one big loser.

    #32313
    Amigo2k
    Moderator

    They need to re-tool and make something other then cars……

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