GM lost $1.1 billion the first quarter this year
GM sales were down 5.4% in May
GM pays retirement benefits to 2.5 retirees for every current employee
GM employes 900,000 people
Because of all the retirement plans they are paying it costs them
1600 per vehicle, so they are $-1600 before they even build the
vehichle. High fuel prices are hurting them, and they have a ton of inventory, and you can get huge discounts right now.
GM sales were down 5.4% in May
GM pays retirement benefits to 2.5 retirees for every current employee
GM employes 900,000 people
Because of all the retirement plans they are paying it costs them
1600 per vehicle, so they are $-1600 before they even build the
vehichle. High fuel prices are hurting them, and they have a ton of inventory, and you can get huge discounts right now.
~Accepting design works~
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