GM is indeed professing that it has been doing the gritty work of restructuring the finances of the company to keep it from falling into bankruptcy or worse…closing its doors. The automaking behemoth said that they are now showing the results of their restructuring. But, for some, it’s apparent that all this penny pinching didn’t occur before the government gave them a loan….now they wanna talk smack.
The deal worked out between the government and GM was due to release to GM another $2 billion dollars this month. But, the refusal on GM’s part, is hopefully a glimmer of a bright future for the carmaker. It is our sincerest hope that the general public will begin to see the trickle down effect in the company’s price of their vehicles.
If you’re on the market for a new ride, read here before you go on the lot looking for a deal.
May 18th, 2009 at 6:46 am
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July 3rd, 2009 at 12:44 pm
Thoughtful post and well written. Please write more on this if you have time.