Mar 29, 2008
GM's Broken Axle
“We're going into a recession that's really deep”
The UAW strike at American Axle has led one analyst to boost his forecast for GM's quarterly loss to almost $1.4 billion. via BusinessWeek
Comments
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Joined: Feb 10, 2007 Comments: 79 |
If anything i think it will help them lower some of their inventories, A loss of 1.4 billon seems quite inflated since most of its workers will be collecting state funded unemployment?
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