View Single Post
Old 05-05-2010, 09:00 PM   #77
BigAls87Z28
 
Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
iTrader: (3)
They gave back money that was loaned to them, because they dont need it.
Call it paying it back, or whatever you want, but GM no longer needs extra funds from the Goverment, and that in the end is the big news.
Of course you can spin it in any way to make it look poor. In the end, GM is becoming a profitable company, and despite a drastic move to do what was done, we now seem to have two strong automotive corperations still in the US, instead of what would have happend. We will only know how it turns out down the road, but as of right now it seems GM has its bearings and will become profitable for the future.
__________________
2/20/2013: They Day the ****s Stopped
BigAls87Z28 is offline   Reply With Quote