View Single Post
Old 03-29-2009, 05:56 PM   #6
Zabo
Gunning for Sixth
 
Zabo's Avatar
 
Drives: '03 ZR2 Blazer
Join Date: Sep 2008
Location: Woodhaven, Michigan
Posts: 9,358
And could be putting a puppet in his place. Greeeeeat~

Quote:
March 19, 2014
AP release

"In a press release today the interim head of GM stated that the Camaro, Traverse, and other cash draining projects of the Wagoner era were suspended and retired due to what they believed to be a long sales slump since the inception of the vehicles in 2010. The company, which had recently sold off it's Buick brand to China and shuttered it's Pontiac brand, now plans to shutter the GMC brand due to what they see as '...a redundant brand name that cuts into Chevrolet sales.'

Several dealerships are set to be closed, and many have already been snatched up by Chery and BYD motors as they continue to install new dealerships to extend their vastly expanding US market presence. GM stocks continue to hover just about 1.35, up by .89 over the past 5 months. Analysts say that the incurred 1.5T debt from floating the company was the cause of much of the breakdown with relations in many southern states between Washington and their state legislatures; whom continue to receive grants and funding from the Chinese backed IMF in exchange for seats within the state legislatures.

<<< scroll down past the jump to continue >>>
...
Zabo is offline