Quote:
Originally Posted by 8cd03gro
So you're saying without the costs of restructuring, they still posted a loss... so where is the money coming from to pay back the loans? It's not like restructuring costs don't lose real money. If they spend that money and don't make it back, it's a loss. They are 3.4 billion short of where they were at the beginning of the 4th quarter. Even if you don't count the restructuring costs, they still posted a net loss. You can't pay back loans with no profit whatsoever and losses to boot. So again, where is this money going to come from?
I'll believe it when I see it.
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Well...as I told the folks who were convinced the gov't would take over and make GM produce Priuses and Cobalts: "Open your eyes and get ready to watch."
Money...is coming from ....gee...what is it they're selling a crap-ton of right now....OH -- CARS and TRUCKS!!
No Pontiac, Saturn, Hummer, and Saab means instant savings because those brands (despite opinions) were money-pits. Combined with the massively successful vehicles they've been releasing lately, and the restructured cost structure...they're MAKING MONEY, and thus paying off the loans. You really don't need to look far, my friend. They've already made two payments.
