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Old 11-16-2009, 09:12 AM   #4
Mr. Wyndham
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Quote:
Originally Posted by FenwickHockey65 View Post
They lost $1.15 billion due to buying out Delphi and some UAW-related expenditures. They'll probably lose some more money from restructuring Opel in the coming months. However, GM is still on track for profit sometime next year.
Hmm...as expected, then. They never quoted an expected profit until 2010, anyways....but...considering they feel they're in a position to start repaying the loans early, I'd say this is okay/good news!
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