David Kirkpatrick

April 2, 2009

GM sales way down

Filed under: Business — Tags: , , , — David Kirkpatrick @ 1:38 pm

I really don’t see how General Motors can be considered a viable company right now. The bailout money that is basically already gone went solely toward paying bills and keeping the doors open. The very definition of a company running in the red.

From the link:

General Motors Corp. led the slide with a 45 percent U.S. sales plunge compared with a year earlier, while Ford Motor Co. reported a 41 percent drop. Sales at Toyota Motor Co. and Chrysler LLC both dropped 39 percent, while Honda Motor Co. reported a 36 percent decline.

Detroit-based GM sold a total of 155,334 light vehicles, while Ford sold a total of 131,102. Ford’s total came in slightly below that of Toyota, which reported U.S. sales of 132,802 units.

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