Production version of the GM/Chevy Volt
Almost 90 days after coming out of bankruptcy, General Motors is showing signs of getting healthy and moving closer to getting back in the black.
And there’s no doubt, the “new” GM is doing far better than the old GM:
All encouraging signs. But critics will point out some other troubling signs at GM.
GM lost $261 Million before special charges
All of which brings up the question: How much has really changed at GM?
Actually, quite a bit.
So what should we take away from GM’s third quarter financial results?
This company is definitely in better shape than it was before bankruptcy and is better position to get back in the black as auto sales pick up. In other words, it’s steady progress. Not spectacular, but steady.
Beancounters are happy – I’m happy. Doesn’t mean I’ll stop offering advice; but, who listens to me, eh?