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Re: GM Bankruptcy Fears Rising on Wall Street - 11-18-2005, 01:29 AM

Quote:
Originally Posted by Yannis
You can blame the huge discounts they are giving to new cars for the bad results. They had that employ discount in US which must cost them billions.

Car sales suffer from employee-discount hangover

I hope they bunkrupt before they take other companies down with them. The discounts are hurting themselves and rival companies also.
Well their lineups are like 50 percent SUVs and 50 percent average cars... they had to do something. The discounts made the sales go up, although they lost money. Trust me, if thye go down, theres nothing be dancing about. I'm positive it'll hurt the German cars one way or another.
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