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GM Losses

7571 Views 8 Replies 8 Participants Last post by  jpaxton
Do the record GM losses recently announced worry anyone other than myself. 38.7Bn in a year is quite a lot, it may hurt their ability to research or subsidize part of the cost of the Volt.
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GM is looking toward the future. It will cost now and pay off later.
I bought a Toyota Prius in 2001 for 23k, it cost Toyota over 40k
to make the car. Toyota took the loss knowing it would pay off in the future.
I hope GM will do the same.
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