Chevrolet Corvette Stingray C7 Forum - View Single Post - GM pays back US & Canadian loans way early

8cd03gro · 04-19-2010, 07:26 PM

Uh, didn't GM post a $4.X billion USD loss in the last quarter of 2009? How is it even possible that they could think about paying back? Sounds like publicity crap to me. They said they will "could" break even this year. How can you pay off loans when you post losses consecutively and think you MIGHT break even this year?

04-19-2010, 07:26 PM	#3
8cd03gro Drives: 2005 STi corn fed Join Date: Jul 2008 Location: Colorado Posts: 2,997	Uh, didn't GM post a $4.X billion USD loss in the last quarter of 2009? How is it even possible that they could think about paying back? Sounds like publicity crap to me. They said they will "could" break even this year. How can you pay off loans when you post losses consecutively and think you MIGHT break even this year?