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Gm
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. |
Old news.
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old or new....that's fucked up...
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