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1,581 Posts
Why are you laughing? GM is continuing to lose billions of dollars every quarter, while Toyota continues to rake in $$$ hand over fist.
Bottom line...sales "numbers" mean nothing if those sales aren't profitable.
At the end of the year, Toyota will post a multi-billion dollar profit (again) while GM will post a multi-billion dollar loss (again)...all the while blaming it on numerous "one time charges".
Bottom line...sales "numbers" mean nothing if those sales aren't profitable.
At the end of the year, Toyota will post a multi-billion dollar profit (again) while GM will post a multi-billion dollar loss (again)...all the while blaming it on numerous "one time charges".