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In addition to being a high quality plant, it needed extensive (and expensive) upgrades in order to continue operating.
As for GM's money situation, they have reduced their costs by billions compared to what they had a year ago. If they can payback roughly a billion dollars per month while sales are ~25% below normal they will be very profitable when the US market returns to sales levels from a couple years ago.
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Note, if I've gotten any facts wrong in the above, just ignore any points I made with them
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Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors......
........and HE WOULD KNOW!!!!
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