Is The Writing On The Wall For General Motors? Job Losses, Poor Sales and Profit Performance Make Investors Weary.
GM General Motors recently announced 30,000 job cuts
Despite what is obviously some major re-structuring (As much as it has been downplayed by GM management) November sales and profit have been disappointing.
General Motors have given better discounts in Dealerships in an attempt to gain lure more consumers to the showroom floor.
GM recently lost $5 Billion in the North American Market in less than 1 year. Ouch.
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