Truthmatters
Diamond Member
- May 10, 2007
- 80,182
- 2,272
- 1,283
- Banned
- #21
Prove what you claim
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Prove what you claim
DETROIT General Motors said Monday it earned $865 million in the first quarter, its first profit since 2007, after last years government-sponsored bankruptcy allowed the carmaker to wipe away many of its longstanding burdens.
G.M. said revenue was up 40 percent, to $31.5 billion, and it had positive cash flow of $1 billion.
The results show that G.M. is on track to become a public company again as soon as the fourth quarter, allowing the government to recover more of the billions of dollars it spent preventing G.M.s collapse.
G.M. Earns $865 Million as Quarter Quarterly Sales Rise 40% - NYTimes.com
DETROIT General Motors said Monday it earned $865 million in the first quarter, its first profit since 2007, after last years government-sponsored bankruptcy allowed the carmaker to wipe away many of its longstanding burdens.
G.M. said revenue was up 40 percent, to $31.5 billion, and it had positive cash flow of $1 billion.
The results show that G.M. is on track to become a public company again as soon as the fourth quarter, allowing the government to recover more of the billions of dollars it spent preventing G.M.s collapse.
G.M. Earns $865 Million as Quarter Quarterly Sales Rise 40% - NYTimes.com
How much do you have to hate your own country to wish it ill because you lost an election?
Prove what you claim
do your homework
How much do you have to hate your own country to wish it ill because you lost an election?
Who is wishing the country ill?
Oh that's right, no one is, this is just truthmatters making shit up... again.
Prove what you claim
do your homework
Do your own fucking homework you lying sack of shit
So you think its ok to claim shit and then never prove what you claim?
This is why you are seen as a complete failure here on this site
GM has been giving steep discounts on their vehicles. When that stops lets see how many vehicles they sell.
So you think its ok to claim shit and then never prove what you claim?
This is why you are seen as a complete failure here on this site
GM has paid back $5.8b. already. I fail to see how that is not a "dime" repaid.
The GM 3800 engine is one of the best engines ever put into a passenger car.
GM DID die, that is basically what bankruptcy is.
Failing to support them at this point is hurting your local economy. Most dealers are independently owned and contribute huge sums to local schools and other organizations.
Many of us within the local dealership network are just as mad as you about how we got here and what the government did. All we can do is work hard going forward. Everyday I think about my responsibility to make sure this gets paid back ASAP.
Unless I am mistaken it was revealed that the money GM "paid back" was borrowed from another tarp fund. so to me that equates to not a dime paid back, if you borrow money from me and then borrow some more to pay back the first then you haven't paid me back.. I think.
Prove what you claim
GM has been giving steep discounts on their vehicles. When that stops lets see how many vehicles they sell.
Isn't it still a profit?
If they were giving steep discounts...they would show a loss
GM has paid back $5.8b. already. I fail to see how that is not a "dime" repaid.
The GM 3800 engine is one of the best engines ever put into a passenger car.
GM DID die, that is basically what bankruptcy is.
Failing to support them at this point is hurting your local economy. Most dealers are independently owned and contribute huge sums to local schools and other organizations.
Many of us within the local dealership network are just as mad as you about how we got here and what the government did. All we can do is work hard going forward. Everyday I think about my responsibility to make sure this gets paid back ASAP.
Unless I am mistaken it was revealed that the money GM "paid back" was borrowed from another tarp fund. so to me that equates to not a dime paid back, if you borrow money from me and then borrow some more to pay back the first then you haven't paid me back.. I think.
Prove what you claim
Read:
Still Government Motors - Forbes.com
Fair Game - At G.M., Repaying Taxpayers With Their Own Cash - NYTimes.com
From November 2009:
GM Plans to Repay U.S. Loan - WSJ.com
In case you can't read:
[ame=http://www.youtube.com/watch?v=SOaS2SymjQ4]YouTube - How The Hell Did GM Pay Back Its Loans "in Full And Ahead of Schedule"? Well, It Didn't.[/ame]
Oh, and the FTC isn't thrilled with GM either:
GM's pay back ads draw formal complaint - The Oakland Press Business: The best place for news in and around Oakland County
GM has paid back $5.8b. already. I fail to see how that is not a "dime" repaid.
The GM 3800 engine is one of the best engines ever put into a passenger car.
GM DID die, that is basically what bankruptcy is.
Failing to support them at this point is hurting your local economy. Most dealers are independently owned and contribute huge sums to local schools and other organizations.
Many of us within the local dealership network are just as mad as you about how we got here and what the government did. All we can do is work hard going forward. Everyday I think about my responsibility to make sure this gets paid back ASAP.
Unless I am mistaken it was revealed that the money GM "paid back" was borrowed from another tarp fund. so to me that equates to not a dime paid back, if you borrow money from me and then borrow some more to pay back the first then you haven't paid me back.. I think.
Prove what you claim
Read:
Still Government Motors - Forbes.com
Fair Game - At G.M., Repaying Taxpayers With Their Own Cash - NYTimes.com
From November 2009:
GM Plans to Repay U.S. Loan - WSJ.com
In case you can't read:
[ame=http://www.youtube.com/watch?v=SOaS2SymjQ4]YouTube - How The Hell Did GM Pay Back Its Loans "in Full And Ahead of Schedule"? Well, It Didn't.[/ame]
Oh, and the FTC isn't thrilled with GM either:
GM's pay back ads draw formal complaint - The Oakland Press Business: The best place for news in and around Oakland County
Actually, there is no problem in that line of thinking. The car parts are manufactured and assembled here in the US. The South is quite gainfully employed by foreign car companies looking for inexpensive labor to assemble its vehicles. Once the vehicles are assembled, they're shipped to US Auto Dealers. *The only thing that's made in Japan are the executives and the profit goes back to Japan instead of the US.* Foreign auto companies pay almost as much as US ones do and employ roughly about the same amount of people in the US. All in all, it's a pretty good deal.