Author Topic: GM Profit Motors Past Forecasts, Global Sales Rise  (Read 1045 times)

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Offline truth_seeker

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GM Profit Motors Past Forecasts, Global Sales Rise
« on: October 30, 2013, 06:20:14 pm »
http://news.investors.com/business/103013-677226-general-motors-stock-rises-on-strong-demand-for-trucks.htm

"General Motors (GM) stock gapped up in five times usual volume early Wednesday after it said third-quarter earnings and sales grew, and it topped earnings expectations.

Strong demand in the U.S, especially for its luxury cars and new pickups, and a smaller loss in Europe, drove earnings growth."

I'm posting this, to demonstrate the ineffectiveness of true conservatives' boycott of GM, and their oft-stated wishes for bad results at GM.

How's that strategy-tactic working? How does that strategy make conservatism look to Americans; wishing bad things for American companies and American workers?

Ever wonder why it is so easy for the media to generate negative portrayals of conservatism?


« Last Edit: October 30, 2013, 06:23:07 pm by truth_seeker »
"God must love the common man, he made so many of them.�  Abe Lincoln

Offline Lipstick on a Hillary

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Re: GM Profit Motors Past Forecasts, Global Sales Rise
« Reply #1 on: October 30, 2013, 06:27:20 pm »
Love the one lone, cynical comment at the bottom of the article page:

"Hope they're considering paying back the $10B they owe taxpayers."
 

 :laugh:

Oceander

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Re: GM Profit Motors Past Forecasts, Global Sales Rise
« Reply #2 on: November 02, 2013, 02:45:51 am »
The Treasury has already booked a loss in the billions on the sale of the stock the government gave itself when it stole GM from its rightful owners.  It's sure easy to show a profit when you had all your debt cancelled for you - even though the managers and union parasites who ran that debt up were never fired or disciplined - and the government strong-arms your non-union employees for you.

I will never, ever, ever buy a Chevrolet built in 2008 or later - until and unless the present abortion goes through at least one honest bankruptcy and the unions for whom GM was stolen themselves get wiped out.