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Bob Lutz puts GM's "record loss" in perspective
Bob Lutz understands how the automotive media operates, which is why on the same day that General Motors announced its largest loss ever, he pops up on the GM Fastlane Blog to talk about some good news: retail sales in January were up 11.2%. The interesting thing is that this record $38.7 billion loss that the automotive media's talking (too much) about is not at all attributable to GM's performance at selling cars and trucks around the world in 2007. Nearly all of it is the result of an accounting adjustment, which we explained in detail last ... Read more →
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Bob Lutz puts GM's "record loss" in perspective 1 year ago on Autoblog
Bob Lutz understands how the automotive media operates, which is why on the same day that General Motors announced its largest loss ever, he pops up on the GM Fastlane Blog to talk about some good news: retail sales in January were up 11.2%. The interesting thing is that this record $38.7 billion ...
Autoblog Podcast #155: 'Twas the night before LA...
Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.
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