http://www.autoblog.com/2008/04/30/gm-posts-3-25-billion-loss-in-q1/ Autoblog Comments for http://www.autoblog.com/media/feedlogo.gif http://www.autoblog.com en-us Copyright 2008 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.autoblog.com/2008/04/30/gm-posts-3-25-billion-loss-in-q1/http://www.autoblog.com/2008/04/30/gm-posts-3-25-billion-loss-in-q1/Apr 30th 2008 10:38AMhttp://www.autoblog.com/2008/04/30/gm-posts-3-25-billion-loss-in-q1/http://www.autoblog.com/2008/04/30/gm-posts-3-25-billion-loss-in-q1/
Also, Ford, smartly, has been selling of marques which aren't a part of their core business, which is allowing them to focus on their core products and inject their numbers with large positive sales of said firms.]]>Apr 30th 2008 10:49AMhttp://www.autoblog.com/2008/04/30/gm-posts-3-25-billion-loss-in-q1/http://www.autoblog.com/2008/04/30/gm-posts-3-25-billion-loss-in-q1/
How stupid is GM for being anti-diverse! Think about this for a moment. You make cars and trucks. Then you finance homes! Yeah it makes money for a while but when a recession (Now) hits, you're bleeding until the day the recession is over. By that time, the compounding effects of the poor diversification of the company have taken a stronghold and you're up for the highest bidder!

]]>Apr 30th 2008 1:11PMhttp://www.autoblog.com/2008/04/30/gm-posts-3-25-billion-loss-in-q1/http://www.autoblog.com/2008/04/30/gm-posts-3-25-billion-loss-in-q1/Apr 30th 2008 11:49PMhttp://www.autoblog.com/2008/04/30/gm-posts-3-25-billion-loss-in-q1/http://www.autoblog.com/2008/04/30/gm-posts-3-25-billion-loss-in-q1/
"How stupid is GM for being anti-diverse! Think about this for a moment. You make cars and trucks. Then you finance homes!"

A automotive financing company that does home mortgages too? Doesn't that actually make them diverse? It's easy to complain about GMAC dragging them down now. But when the economy and housing market were booming, GMAC was a cash cow for GM. Hence, how they were able to make money by selling off such a large share.]]>May 2nd 2008 12:02AM