GM earns $2B in quarter, beating Toyota in profitability

Full story: USA Today

General Motors said Wednesday that it earned $2 billion in third-quarter profit on revenue of $34.1 billion - GM's last financial report before a planned Nov.

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“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

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#2
Nov 10, 2010
 

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This is good press and a good headline.

Change floor plan
GM makes crap

Libertyville, IL

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#3
Nov 10, 2010
 

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odumba wrote:
goverment motors is toast - should of let them fail & go the bankrupcy route like Ford did! instead odumba & his dumbocrats spend BILLIONS on his union thug payoffs for votes!!!
then gm paid off it's debt with money it borrowed from the fed!
audit the fed! Paul was right - audit the fed and you'll find all kinds of crap from both the dems and GOP!
They pretty much had all their debt forgiven. They dumped 4 of their worst performing brands (good luck trying sell your car if you have one of those brands). They were excused from having to clean up their environmental issues (see NUMMI). They were given $50 billion by us taxpayers.

So the real question becomes...How could they NOT post a quarterly profit??

Shoot. If I had all my debts forgiven, was told to not worry about the trash I left behind and then given money, I too could "live high off the hog".

The fact remains is that this is the only the 3rd time in 24 quarters that GM has made a profit. Yet you have GM toadies on here ready to throw GM a parade. Pretty sad if you ask me. Pretty sad.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

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#4
Nov 10, 2010
 

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Sounds like someone is pissed.
Deng

Chengdu, China

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#5
Nov 10, 2010
 

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THREE OUT OF 24 QUARTERS?

SOUNDS LIKE THE MINORITY NEWS REPORTS ARE CORRECT ABOUT GM; CORPORATE RAIDERS WITH GOVERNMENT CONNECTIONS GOT INTO THE COMPANY AND DID AN ENRON ON IT.

WHY WOULD THE STOCKHOLDERS NOT REPLACE THE BOARD IN 2004 WHEN GM LOST 50 PERCENT OF ITS STOCK VALUE IN ONE YEAR? BECAUSE THE BOARD WERE THE CORPORATE RAIDERS AND WERE ABLE TO REPEL ANY STOCKHOLDER ACTION BY VARIOUS MEANS.
GM makes crap wrote:
<quoted text>
They pretty much had all their debt forgiven. They dumped 4 of their worst performing brands (good luck trying sell your car if you have one of those brands). They were excused from having to clean up their environmental issues (see NUMMI). They were given $50 billion by us taxpayers.
So the real question becomes...How could they NOT post a quarterly profit??
Shoot. If I had all my debts forgiven, was told to not worry about the trash I left behind and then given money, I too could "live high off the hog".
The fact remains is that this is the only the 3rd time in 24 quarters that GM has made a profit. Yet you have GM toadies on here ready to throw GM a parade. Pretty sad if you ask me. Pretty sad.
GM makes crap

Libertyville, IL

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#6
Nov 11, 2010
 

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The truth hurts doesn't JJ? Let me buy you a pencil and some paper and you can take some notes to help you remember the difference between reality (what I say) and the Land of Oz (where you currently reside).
Just the Facts

Pittsburgh, PA

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#7
Nov 12, 2010
 

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All you foriegn car lovers were glad when American car companies were hurting,.now that they will recover and go back after the foreign car companies,..your all whining...you bunch of Whoosies
Fred

Altamonte Springs, FL

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#8
Nov 12, 2010
 

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I think the hate American club is alive and well. One from Il. and one from Fl. and both are evidently real works. I fear for this country if this is what the youth has come to, such hate woven in their very being.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

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#9
Nov 12, 2010
 

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I forgot the clown drives a Pontiac.

Carry on-
GM makes crap

Libertyville, IL

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#10
Nov 14, 2010
 

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You probably burned an American flag on Verteran's Day also.
GM makes crap

Libertyville, IL

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#11
Nov 14, 2010
 

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JJFADS wrote:
I forgot the clown drives a Pontiac.
Carry on-
Wrong. I sure don't fool. It's easy making you look like an idiot on here.
Bobby

Sevierville, TN

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#12
Nov 15, 2010
 

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Toyota is not safe. It is poor quality and cheap.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

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#13
Nov 16, 2010
 

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GM makes crap wrote:
You probably burned an American flag on Verteran's Day also.
Look slike GM just raised the price of the IPO. This thing is hot.

“Irrefutable Harm”

Since: Mar 09

Miami Beach Fl.

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#14
Nov 17, 2010
 

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GM is dropping the dookie on Toyota.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

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#15
Nov 17, 2010
 
Phantompay wrote:
GM is dropping the dookie on Toyota.
And shoving it down the throat of “whatever.”

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