http://www.leftlanenews.com/gm-planning-to-unload-european-properties-in-a-bid-to-raise-cash.html Car news, reviews, and specs for the auto-industry Mon, 22 Mar 2010 00:03:12 -0400 http://wordpress.org/?v=2.8.6 hourly 1 http://www.leftlanenews.com/gm-planning-to-unload-european-properties-in-a-bid-to-raise-cash.html/comment-page-1#comment-421639 HalGameGuru Sat, 29 Nov 2008 05:30:55 +0000 http://www.leftlanenews.com/?p=12091#comment-421639 they're scrabbling because the only real black hole for money they have, they cannot get rid of: The UAW obligations. Chap.11 would probably fix this but ruin their financial opportunities on the way. Any profit is enough to keep going, all of their foreign branches, except technically for saab, but really they are, are profitable. Making them a plus, all the losses come from here. If not for the UAW all those manufacturing jobs that got shuttled to canada and even moreso mexico would still be here and there'd be even more money circulating keeping the economy afloat. they’re scrabbling because the only real black hole for money they have, they cannot get rid of: The UAW obligations. Chap.11 would probably fix this but ruin their financial opportunities on the way. Any profit is enough to keep going, all of their foreign branches, except technically for saab, but really they are, are profitable. Making them a plus, all the losses come from here. If not for the UAW all those manufacturing jobs that got shuttled to canada and even moreso mexico would still be here and there’d be even more money circulating keeping the economy afloat.

]]> http://www.leftlanenews.com/gm-planning-to-unload-european-properties-in-a-bid-to-raise-cash.html/comment-page-1#comment-421612 Lariat Luxury Locomotive Liner No.3 Fri, 28 Nov 2008 23:12:51 +0000 http://www.leftlanenews.com/?p=12091#comment-421612 Sell, sell, sell, and sell more! Sell, sell, sell, and sell more!

]]> http://www.leftlanenews.com/gm-planning-to-unload-european-properties-in-a-bid-to-raise-cash.html/comment-page-1#comment-421606 Mutant@DCX Fri, 28 Nov 2008 22:29:14 +0000 http://www.leftlanenews.com/?p=12091#comment-421606 They are trying to sell the RenCen HQ also. They are trying to sell the RenCen HQ also.

]]> http://www.leftlanenews.com/gm-planning-to-unload-european-properties-in-a-bid-to-raise-cash.html/comment-page-1#comment-421580 yarddog82abn Fri, 28 Nov 2008 19:11:40 +0000 http://www.leftlanenews.com/?p=12091#comment-421580 LOL ........this is to mush....... LOL ……..this is to mush…….

]]> http://www.leftlanenews.com/gm-planning-to-unload-european-properties-in-a-bid-to-raise-cash.html/comment-page-1#comment-421573 AnonymousCoward Fri, 28 Nov 2008 18:34:41 +0000 http://www.leftlanenews.com/?p=12091#comment-421573 Eh... $257million? How much are they burning through PER MONTH? Eh… $257million? How much are they burning through PER MONTH?

]]> http://www.leftlanenews.com/gm-planning-to-unload-european-properties-in-a-bid-to-raise-cash.html/comment-page-1#comment-421568 usernamehere Fri, 28 Nov 2008 17:33:12 +0000 http://www.leftlanenews.com/?p=12091#comment-421568 It would be nice if GM are around long enough to build a few Camaros. It would be nice if GM are around long enough to build a few Camaros.

]]> http://www.leftlanenews.com/gm-planning-to-unload-european-properties-in-a-bid-to-raise-cash.html/comment-page-1#comment-421567 mayer_ray_nagin Fri, 28 Nov 2008 17:33:08 +0000 http://www.leftlanenews.com/?p=12091#comment-421567 I always wondered why they needed a market research dept in Vatican Square. I always wondered why they needed a market research dept in Vatican Square.

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