Rick Wagoner's inspired "leadership", way to go Rick!
Earnings: General Motors Posts 6th Straight Loss
Rick Wagoner's inspired "leadership", way to go Rick!
Earnings: General Motors Posts 6th Straight Loss
Actually, compared to last year 1Q and factoring in the "one-time charges" that hit, this is definitely the right direction!
I agree jcr. I would like to believe that gordian was being serious when he said "...way to go Rick!" The $1 billion allotted to account for payments to a fund created for future retiree health-care costs was a wise discretionary move by GM. It's a realistic move, given the employee packages being offered and it's good for employee pockets and morale. I'll be watching for black ink going forward.
MotorsForum website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.