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Thread: GM ( General Motors ) getting a HUGE break?

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    Gods Chariot Vteckidd's Avatar
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    the big 3 american auto makers are severly down in profit.

    Rising labor costs, greedy unions, better foreign made cars are killing them.
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    ALL CAPS JITB's Avatar
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    Quote Originally Posted by Mr. Vteckidd
    the big 3 american auto makers are severly down in profit.

    Rising labor costs, greedy unions, better foreign made cars are killing them.

    thats what i figured, b/c it seems that domestic companies are selling vehicles.

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    Quote Originally Posted by JITB
    thats what i figured, b/c it seems that domestic companies are selling vehicles.


    Down 26% last month.. whos buying them ?

    That has been the story at GM over the past year.

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    Quote Originally Posted by Julio
    Down 26% last month.. whos buying them ?

    That has been the story at GM over the past year.
    i was going off what i see int he street...lol, didnt have any facts with it. But i guess they arent.

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    Quote Originally Posted by JITB
    i was going off what i see int he street...lol, didnt have any facts with it. But i guess they arent.

    People are still buying them, but 26 % is a HUGe chunk. Might not look it, but GM is feeling it though.. Month after month.. sucks.

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    Quote Originally Posted by Julio
    Down 26% last month.. whos buying them ?

    That has been the story at GM over the past year.
    That is compared to last year, in which they were offering employee pricing to the public. Year to date is only down 12.2%

    Year to date total vehicle sales for others

    Toyota up 9.8%

    Honda up 3.8%

    Chrysler down 4.9%

    Ford down 3.8%

    Nissan down 19%


    http://www.twincities.com/mld/twincities/14959067.htm

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