Re: General Motors' Remark

"CardsFan" <me@[EMAIL PROTECTED]
> wrote in message 
news:i%Psj.3825$%x3.1673@[EMAIL PROTECTED]
>
> "'Key" <Key@[EMAIL PROTECTED]
> wrote in message 
> news:B_Wdnd0Xc4LY3y7anZ2dnUVZ_sGvnZ2d@[EMAIL PROTECTED]
>> "CardsFan" <me@[EMAIL PROTECTED]
> wrote in message 
>> news:fov0uh$tpi$1@[EMAIL PROTECTED]
>>> The current management team is better than they've had 
>>> in a while and will need more time to retune the company 
>>> toward profitability.  GM is turning around.  It is 
>>> (slowly) getting a handle on labor and health-care 
>>> costs, it's trying to reduce the number of models and 
>>> brands, it's designing better, sometimes award-winning, 
>>> cars and trucks.  Some factors are outside its control, 
>>> like the overall economy.  Yes, they should probably 
>>> have foreseen the move away from large SUVs and trucks 
>>> to more fuel-economical vehicles.  With the US mortgage 
>>> meltdown, it has turned out to be serendipitous that 
>>> they sold off half of GMAC.
>>>
>>> The $38 billion figure trumpeted by "Uncle Vito" was 
>>> almost all a non-cash charge to write down the value of 
>>> deferred tax assets.  One would suggest he learn to read 
>>> and understand financial statements.  For the year, both 
>>> globally and in North America, the actual loss from 
>>> automotive operations was quite a bit smaller than an 
>>> year ago.
>>>
>>> One other thing - GM leads the Dow companies, with a 9% 
>>> increase in its stock price so far this year.
>>>
>>> AJM
>>
>>
>> General Motors' Shreveport plant may lay off as many as 
>> 160 workers in the coming weeks, with the first 60 
>> expected to go Friday.
>> http://tinyurl.com/ypq9yt
>>
>> my2¢
>
> What two cents is that?  The article is quite balanced.
>
> AJM


I don't care what the article says.
the 2¢ is that GM IS cutting back production.
also, if you don't have something positive to respond ?
just simply don't respond...

more of my2¢
-- 
'Key
=====