Monday, October 20, 2008

GM's U.S. Dealers Could Lose About 18% Profit

Well, GM is losing more money. Based on their normal sales, they are losing about $199,000 a store this year. Add this all up and you get a total that quite a huge loss. They claim to be doing what they have to do to secure their future. They're still big enough to come back, though. "General Motors is here to stay," said Troy Clarke, GM's North American president, which is quite true.

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