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Re: General Motors Reports June 08 Sales; Truck Sales Down 17%; Mkt Share +2 Points
Quote:
Originally Posted by I-Love-Pontiac
What does adjusted mean? Fox Business reported GM sales down 18.5% and making it sound horrible, while at the same time CNBC reported an 8% decline and made it sound amazingly good. They also pointed out that Lexus sales are down 20%. Hah!
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CNN.Money.com reporting 18.5% as well. So what gives? Stock off $00.69 at $10.81.
I see pretty strong numbers for the smaller products in the lineup; G6, Malibu, Cobalt, Vibe and G5. And it is nice that the Tahoe and Silverado get better mpg than the Seqoia/Armada and Tundra/Titan, respectively.
What does "unadjusted" mean when they say "down 8%, 18.5% unadjusted". WTH?!!
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1979 Chevy Van
1978 Pontiac Firebird
1985 GMC S-15 Jimmy
1992 Pontiac Grand Am
1998 Oldmobile Intrigue
2002 Chevrolet Camaro Z-28
1972 Chevrolet C-10 P/U
1979 Chevrolet K5 Blazer
2002 Chevrolet Corvette Z06
2001 Chevrolet Silverado LT 4x4 Ext Cab
"Sometimes you gotta say, 'What the *********'. "What the ********* gives you freedom, freedom creates opportunity, ... opportunity - makes your future." - 'Risky Business' 1983
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