> for a car company that went BK last year, up 20% YOY is damn good.
You seem to suggest that GM's sales were lousy because it went through bankruptcy, which is, of course, the converse of what actually happened.
No, what I was saying is that most companies that filed BK last year would still be in BK. However, thanks to the prowess and finesse of our president, GM is out of BK and on the road to recovery.
But when your sales have almost totally dried up, a 20% gain may not be all that good.
They are when little incentives were used to make those sales. GM used to be the king of incentives. Whitacre is cutting them out. You need to read the article I have posted to you twice.
> GM has discontinued several models that it was selling last year at this time. With the divisions they still have
But they were models that supposedly weren't selling anyway. What we actually know about it?
I am unclear what your concerns are.
"General Motors Co. on Monday reported a 6.4% increase in U.S. sales in April to 183,997 cars and trucks from 173,007 a year ago. GM credited the continued rise in sales to its new launch products which account for one of every four vehicles sold."
So, the launch of "new products" (new model years? Who the F*ck knows, given the lie about paying off taxpayers?) gave them an 11,000 unit increase over last year.
When the economy had come to a standstill last year and is purportedly on the mend now, and there was no financing available last year.
I don't know. I hope it is turning around for Gm, but these remarks don't suggest an impressive performance to me.
Sales up 20% on models they intend to keep going forward is not impressive to you? I am sorry you are so jaded. ;-) |
