Motoring Discussion > GM - back in the black already! Miscellaneous
Thread Author: Auntie Lockbrakes Replies: 1
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New Fri 23 Apr 10 02:09 
 GM - back in the black already! - Auntie Lockbrakes
Saw on the news the other day that GM in the US has already repaid in full the loan it received from the US government. I am astounded that they have completed their turnaround so quickly!

Was the previous management team that incompetent?! How did they manage to close and mothball so many factories so easily?! Has their product strategy changed that much? Am I missing something?! Well done GM!
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New Fri 23 Apr 10 07:34 
 GM - back in the black already! - diddy1234
They probably cut corners on every car made to save money.

Rover done this with their 'project drive' back in 2002 when they made the street wise rover 45 cars etc.

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