General Motors Company (NYSE:GM)
CAPS Rating:
The Company is engaged in the worldwide development, production, and marketing of cars, trucks, and parts.
The Company is engaged in the worldwide development, production, and marketing of cars, trucks, and parts.
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Leveraged Chinese Government Motors, which does 70% of their manufacturing outside the US, even though it was bailed out by the American taxpayers, who have an unemployment problem. Even about 50% of their R&D in going to be done in China now. I have bought my last GM vehicle !!!!!
I agree, will never by GM again! Their commercials about having paid their debt makes me sick. Why does our government still own their stock down > 50%. The unions will also be the first to see any profit, an easy red thumb. Why would anyone put their money here.
There are lots of people that went back to work in the USA that work for the parts companies used in GM cars. I bought a Ford!
can you short a company destined for doom with oduma proping it up
41 percent decline in earnings, 50 percent sales to government, still havent corrected pension, run by unions, nobody wants the stupid ass volt, sounds like a short to me but oduma will prop it up as long as hes around