Tag Archives: GM

GM CEO HEADS TO CAPITOL HILL AS BAILOUT SETTLEMENT TALKS FALL APART

Posted on March 21, 2013 by DRenegade

General Motors CEO Daniel Akerson plans to roll up to Capitol Hill Thursday in a flashy new Corvette Stingray less than 24 hours after settlement talks fell apart in a lawsuit that could cost GM at least $1 billion–and add … Continue reading →

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GM Channel Stuffing Soars To Record

Posted on November 1, 2012 by DRenegade

For a few months there, we were worried that GM may have actually found a (government-funded) natural subprime buyer of its vehicles after the company managed to keep its channel stuffing in check for several months. Those fears ended today … Continue reading →

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Redistribution has no borders

Posted on August 2, 2012 by DRenegade

The bad news concerning the theft of private property from GM bondholders to the labor union continues. GM profits are going over the cliff, channel stuffing at the dealerships is skewing the sales in the United States and the government … Continue reading →

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What Is the Truth Behind Automobile Sales?

Posted on July 13, 2012 by DRenegade

General Motors released a report to investors stating the June auto sales were up 16%: GM Reports June U.S. Sales up 16 percent DETROIT – General Motors Co. (NYSE: GM) today reported June sales of 248,750 vehicles in the United States, … Continue reading →

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March Automobile Sales: Who Should We Believe?

Posted on April 3, 2012 by DRenegade

Here are two different articles based on the same story: March automobile sales. You can decide who is telling the truth. David DeGerolamo Strong car sales signal automakers’ comeback The Big Three U.S. automakers all reported strong March sales, as … Continue reading →

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