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February 12, 2008

GM: Cratering is job No. 1

Yes, part of GM’s $38.7 billion fiscal 2007 loss was due to tax issues, but not that much. And, how can you be profitable in Latin America and elsewhere in the world but suck in the U.S.?

Have you actually been building better cars for people elsewhere, especially Western Europe, that you’re not building here? Are you facing less competition (so far) from Toyota in these other areas?

Oh, and speaking of that, don’t expect that 3,000 edge in 2007 car sales to hold up this year.

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