GM bankruptcy 'not impossible'; Canadians abandon trucks

Business | 206640 hits | Jul 02 12:32 pm | Posted by: mtbr

The dramatic shift among U.S. consumers away from trucks is starting in Canada as sales of full-sized pickups took another double-digit tumble last month, a top General Motors of Canada executive says. Sales of big pickups for all automakers fell 24% i

Comments

by Anonymous
Wed Jul 02, 2008 9:00 pm
jug a lug..now is a good time to buy a gas guzzler 2 for one tuesday must be just around the corner.

GM shares break crucial $10 mark
By Associated Press

NEW YORK (AP) � Shares of General Motors have closed below $10 for the first time since Dwight Eisenhower was president of the United States.

The shares have ended the day at $9.98, down 15.1 percent, their lowest since Sept. 13, 1954.

Detroit-based General Motors Corp. is suffering from lagging sales and concerns over its cash position.
by CanAm1
Wed Jul 02, 2008 9:33 pm
Might be a good time to buy GM shares.
by Mustang1
Wed Jul 02, 2008 9:42 pm
Many companies are experience Truck price woes. This isn't a GM exclusive problem
by QBall
Thu Jul 03, 2008 8:10 pm
The board of directors at GM are a bunch of morons. They failed to listen to analysts who predicted the sharp rise in gas prices, then they failed to react to the future change in the market by offering the same old same old gas guzzlers. Now they're trying to turn the boat to a different direction in the middle of a storm.

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mtbr Wed Jul 02, 2008 11:36 am
emart Wed Jul 02, 2008 5:18 pm

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