GM's dismal profit may spur analysts to cut 2014 estimate

Comments (8)
Jingan wrote:

Argentinians have no money…Venezuelans will not pay double over US price for GM iron.

Feb 06, 2014 9:17am EST  --  Report as abuse
brotherkenny4 wrote:

They should listen to the consumers and not the old fools still in their company. Motorheads don’t care about the country or it’s people, they care about money and enhancing their own image through possession of a compensation vehicle. Sure, you can apparently brainwash a certain small segment of the population through TV and other media control, but those are the stupid people. If you depend on the stupid people for your livelihood, you will be in trouble when an economic downturn comes (sound familiar) since they are least capable of weathering those events. On the other hand, you can’t be a superficial manipulator and controller of information and expect intelligent people to buy your load of dung.

Feb 06, 2014 9:58am EST  --  Report as abuse
rkeech wrote:

I smell a bailout coming. They robbed us of a net 10 billion the last time. Then paid out bonuses like crazy to the executives (4 million for the then VP of a division, sitting with the Obama’s at SoU – Pres. of GM made 10 million). Probably burned it all up and need more. A company in the crapper a few short years ago, with the same management, and we are surprised that we got taken? If your company was given a “loan” for Billions and allowed to basically just keep 10 Billion, how many years could your company perform well? My guess is quite a while. We all basically just paid bonuses to everyone at GM. 10 Billion goes a long way…. are you awake? 10 BILLION of your money… gone.

Feb 06, 2014 1:20pm EST  --  Report as abuse
sjfella wrote:

The entire country is in the toilet. I just hope nobody flushes soon.

Feb 06, 2014 1:45pm EST  --  Report as abuse
Louieloueye wrote:

They are still following the same business model of old, Big bulky gas suckers and remakes of muscle cars from the seventies all with a hefty 40 – 50k price tag. Except now they are toys for the rich because there is not much left of the middle class market.

Feb 06, 2014 3:13pm EST  --  Report as abuse
HortonPDX wrote:

Can anyone explain to me why GM stock is at $35, when they have poor business management practices, needed a bailout, and may need another one? And why, at the same time, Ford stock wallows around at $15, while they are well managed, pay a dividend, did not take a bailout and don’t need one, and are making cars more suited to 2014 than 1965? Anyone? I can’t figure it out!

Feb 06, 2014 3:38pm EST  --  Report as abuse
mxxr wrote:

Europeans have better choices than US type cars. except perhaps Opel. in NA I still prefer non big 3!

Feb 06, 2014 5:46pm EST  --  Report as abuse
mxxr wrote:

Europeans have better choices than US type cars. except perhaps Opel. in NA I still prefer non big 3!

Feb 06, 2014 5:46pm EST  --  Report as abuse
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