Thread: Ford posts $2.3B profit for Q2, $424M operating loss
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Old 07-24-2009, 08:30 PM   #10
syr74
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Drives: Thunderbird
Join Date: Sep 2008
Location: Kentucky
Posts: 951
Quote:
Originally Posted by camaro5 View Post
The NEW GM has none of the debt and legacy costs, they dumped them all through bankruptcy.

I believe we will see a profitable NEW GM when the current quarters results are revealed.

Also, if the government did not step in, we'd all be forced to buy Mustangs; GM would be complete history.
The new GM started life 10 billion dollars in debt.
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