Things continue to go well at GM then.......

Things continue to go well at GM then.......

Author
Discussion

Matt Harper

Original Poster:

6,721 posts

206 months

Wednesday 7th November 2007
quotequote all
I was always envious of TV weather forecasters - after all what other job could you get wrong more than 50% of the time - and not get fired?
Consider the position of Mr Rick Wagoner, CEO of General Motors Corp, then.
Today, GM announced losses of $39 BILLION - slightly worse than last year's $147 million loss.
Way to go, Rick!
In mitigation, Mr Wagoner boldly states he is "confident that the company is in a better position to earn money going forward" and that, "It's not a disaster, but it's not at all robust".
- Hmmm, quite.
Let's not all get our knickers in a knot about new Camaro or C7 Corvette and when they might arrive in UK - will they ever get out of the design studio/prototype stages with their parent company's stellar financial performance?