Desperate to keep the myth of “saving the auto industry” with billions of taxpayer dollars alive, GM is trying to keep sales figures up by offering car loans to people with poor credit. Isn’t this what caused the housing collapse?
Post Tagged with: "GM stock"
December 8, 2011 06:53
Time to get government out of GM
Demand is tanking in Europe. Concerns remain about whether GM will continue to be able to fund its $128 billion pension plan. And sales of the “game-changing” Chevy Volt have been lagging since the vehicle’s commercial introduction some 13 months ago—well before its engines demonstrated an annoying propensity to spontaneously combust.
December 8, 2011 06:53
Time to get government out of GM
Demand is tanking in Europe. Concerns remain about whether GM will continue to be able to fund its $128 billion pension plan. And sales of the “game-changing” Chevy Volt have been lagging since the vehicle’s commercial introduction some 13 months ago—well before its engines demonstrated an annoying propensity to spontaneously combust.
