Chevrolet Corvette Stingray C7 Forum - View Single Post - Well, It looks like the government won't help GM

xl1200r · 11-13-2008, 04:13 PM

Kanak -

But think of this...

GM is losing appx $2.5 billion a month right now. That averages out to $30 billion a year.

2010 comes, and the healthcare stuff moves to that trust fund, and GM unloads a $50 billion a year expense. Now, overnight, they're making $1.6 billion a month without changing anything.

GM needs to make to 2010.

11-13-2008, 04:13 PM	#30
xl1200r Drives: 2006 Cobalt SS/SC Join Date: Oct 2008 Location: Cohoes, NY Posts: 109	Kanak - But think of this... GM is losing appx $2.5 billion a month right now. That averages out to $30 billion a year. 2010 comes, and the healthcare stuff moves to that trust fund, and GM unloads a $50 billion a year expense. Now, overnight, they're making $1.6 billion a month without changing anything. GM needs to make to 2010.