That's nothing compared to the $1.6 Billion loss GM reported for the 3rd quarter of 2005... They're bleeding $17.4 Million per DAY!! And that's directly from the NY Times. Doesn't make me happy, believe me...
Yeah, the October mid-month sales estimates for GM are down 54% -- and the company has more or less bet the farm on its next generation full-size pickups and SUVs -- which look identical to the current generation full-size pickups and SUVs -- except the front ends are rounded off a little bit.
I like Kirk Kerkorian -- and am hoping he gets in there and starts kicking ass and taking names -- because GM's white collar ranks are loaded with a bunch of dickless "team players" who know nothing about designing and building great cars.
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