Just for those of you who were worried about where the General is going, GM had it's best year (globally) since 1978. Also, Chevrolet was the top selling brand in the U.S. in 2005
http://www.usatoday.com/money/autos/2006-01-07-gm-sales_x.htm

Thats good news for now but what is the forcast for sales of 06??? and I find it amazing that most of gm's sales are outside the u.s

You see GM brands all over Europe; Opel, Saab, Chevy, etc. I lived in Europe for 6 years and owned a 2003 Opel Vectra. It was as good or better than any BMW or Mercedes I drove.

Now, for this.....
http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=OBR&Date=20060110&ID=5406214&GT1=7620

You see GM brands all over Europe; Opel, Saab, Chevy, etc. I lived in Europe for 6 years and owned a 2003 Opel Vectra. It was as good or better than any BMW or Mercedes I drove.

Now, for this.....
http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=OBR&Date=20060110&ID=5406214&GT1=7620

You know, it's funny, but everyone (including GM) keeps talking about how they are in financial trouble, but they never actually do anything, except for the big sales all thru 2005.

You know, it's funny, but everyone (including GM) keeps talking about how they are in financial trouble, but they never actually do anything, except for the big sales all thru 2005.

"but they never actually do anything". Maybe that's the problem.....

I think GM can attribute the 2005 sales to the Employee Pricing in '05.

There's also a big difference between sales and profits. I don't know what the criteria for "best year since '78" was, but if it wasn't profit, it doesn't matter. That's the problem for the big 3, their overhead is growing faster than their income.

I don't know about any other years, but in 1987 GM was #1 in profit for US companys. Right ahead of IBM and Exxon. I think it was at 115 billion.GM has there hands in everything not just automoblies.

Seen this on FOX news today, GM is loosing $37,000 per minute,& massive layoffs , not looking good for 2006.:screwy:

Seen this on FOX news today, GM is loosing $37,000 per minute,& massive layoffs , not looking good for 2006.:screwy:

Yeah, they refer to it as "Legacy Costs." Basically, what they are having to pay retired employees is killing them.