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BigAls87Z28 · 06-01-2009, 07:51 PM

The Goverment aka Us, own 60% of GM through goverment loans.
What will eventually happen is that when GM comes out of Chap 11, is that if GM can make profitable cars, and the market can maintain 9-10 milion units a year, GM will be able to emerge as a public company again, the goverment will sell its stake over time back onto the market, for a profit im sure.
GM has been making some very good cars over the last 4 years, and now if they can bring the costs down, making a profit, while making both green and fun cars, they will be better off.

06-01-2009, 07:51 PM	#18
BigAls87Z28 Join Date: Jul 2004 Location: West Long Branch Posts: 13,598 iTrader: (3)	The Goverment aka Us, own 60% of GM through goverment loans. What will eventually happen is that when GM comes out of Chap 11, is that if GM can make profitable cars, and the market can maintain 9-10 milion units a year, GM will be able to emerge as a public company again, the goverment will sell its stake over time back onto the market, for a profit im sure. GM has been making some very good cars over the last 4 years, and now if they can bring the costs down, making a profit, while making both green and fun cars, they will be better off. __________________ 2/20/2013: They Day the ****s Stopped