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GM announces 2007 loss and new buyouts for entire union workforce
Let's get the hard numbers out of the way. Today General Motors revealed that excluding special items, it posted a net loss of $23 million in 2007. Add in some funky deferred tax asset charge, and the automaker's net loss last year rises to $38.3 billion. Aside from that, we're interested in how GM fared in the business of selling cars and trucks around the world last year. In 2007, the automaker earned $553 million before taxes selling vehicles globally, compared to losing $339 million in 2006. Worldwide vehicles sales increased 3% to 9.4 ... Read more →
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GM announces 2007 loss and new buyouts for entire union workforce 1 year ago on Autoblog
Let's get the hard numbers out of the way. Today General Motors revealed that excluding special items, it posted a net loss of $23 million in 2007. Add in some funky deferred tax asset charge, and the automaker's net loss last year rises to $38.3 billion. Aside from that, we're interested in how GM ...
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