# GM 2008 losses

**URL:** <https://forums.speedlife.net/t/gm-2008-losses/242425>\
**Category:** Shift518 Automotive\
**Created:** [February 26, 2009, 11:53am UTC](https://forums.speedlife.net/t/gm-2008-losses/242425 "2009-02-26T11:53:51Z")\
**Posts on this page:** 11\
**Page:** 1

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**Author:** ![Mafdark](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mafdark/32/6322_2.png) [@Mafdark](https://forums.speedlife.net/u/Mafdark)\
**Post date:** [February 26, 2009, 11:53am UTC](https://forums.speedlife.net/t/gm-2008-losses/242425/1 "2009-02-26T11:53:51Z")

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> GM loses $2.5 billion in 3Q; 2008 losses now at $21.2 billion

> the automaker has lost approximately $70 billion since 2004.

> **[GM loses $2.5 billion in 3Q; 2008 losses now at $21.2 billion](https://www.mlive.com/business/2008/11/gm_loses_25_billion_in_3q_2008.html)**
>
> AP PhotoThe GM logo hangs over an unsold 2009 Acadia sports-utility vehicle on the lot at a GMC Truck dealership. General Motors said it lost $2.5 billion in the third quarter and warned that it could run out of cash...

That means that throughout 2008 GM lost 58 million dollars a day.

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**Author:** ![GD3Skier](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/gd3skier/32/6400_2.png) [@GD3Skier](https://forums.speedlife.net/u/GD3Skier)\
**Post date:** [February 26, 2009, 1:17pm UTC](https://forums.speedlife.net/t/gm-2008-losses/242425/2 "2009-02-26T13:17:29Z")

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My mother just bought a new Subaru at Advantage Subaru on Rte. 7 and the chevy dealership next door (where we had to do all the paperwork) was dead.

But yeah thats crazy, that is a ton of money to be losing. Personally though I’m curious to know how come if they have been in the red since 04 why is it that 4 yrs later they are finally trying to do something about it?

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**Author:** ![hijk231](https://avatars.discourse-cdn.com/v4/letter/h/9e8a1a/32.png) [@hijk231](https://forums.speedlife.net/u/hijk231)\
**Post date:** [February 26, 2009, 5:21pm UTC](https://forums.speedlife.net/t/gm-2008-losses/242425/3 "2009-02-26T17:21:17Z")

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Good sharing!There is a dining-room for the prisoners and another for the officers. The room [WarCraft 3 CD Key](http://www.mmovp.com/buy-cd-key-warcraft-3-cd-key-c-1268_1272.html) where the prisoners dine is a large hall capable of seating fully twelve hundred men.Each table is long enough to accommodate [Diablo 2 CD Key](http://www.mmovp.com/buy-cd-key-diablo-2-cd-key-c-1268_1270.html) to twenty men, and resembles an ordinary [StarCraft CD Key](http://www.mmovp.com/buy-cd-key-starcraft-cd-key-c-1268_1271.html) school-desk. There are no table-cloths or napkins; [Age of Conan cdkey](http://www.mmovp.com/buy-cd-key-age-of-conan-cdkey-time-card-c-1268_1351.html) nothing but a plain, clean board. The table furniture consists of a tin quart cup, a small piece of [Age of Conan time card](http://www.mmovp.com/buy-cd-key-age-of-conan-cdkey-time-card-c-1268_1351.html) pan of the same precious metal, which holds the hash, an iron knife, fork and spoon.

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**Author:** ![kramerbuccs24](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/kramerbuccs24/32/6397_2.png) [@kramerbuccs24](https://forums.speedlife.net/u/kramerbuccs24)\
**Post date:** [February 26, 2009, 5:22pm UTC](https://forums.speedlife.net/t/gm-2008-losses/242425/4 "2009-02-26T17:22:51Z")

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> [@Bad Ideas for the day](https://forums.speedlife.net/t/bad-ideas-for-the-day/14818/24):
>
> Good sharing!There is a dining-room for the prisoners and another for the officers. The room [WarCraft 3 CD Key](http://www.mmovp.com/buy-cd-key-warcraft-3-cd-key-c-1268_1272.html) where the prisoners dine is a large hall capable of seating fully twelve hundred men.Each table is long enough to accommodate [Diablo 2 CD Key](http://www.mmovp.com/buy-cd-key-diablo-2-cd-key-c-1268_1270.html) to twenty men, and resembles an ordinary [StarCraft CD Key](http://www.mmovp.com/buy-cd-key-starcraft-cd-key-c-1268_1271.html) school-desk. There are no table-cloths or napkins; [Age of Conan cdkey](http://www.mmovp.com/buy-cd-key-age-of-conan-cdkey-time-card-c-1268_1351.html) nothing but a plain, clean board. The table furniture consists of a tin quart cup, a small piece of [Age of Conan time card](http://www.mmovp.com/buy-cd-key-age-of-conan-cdkey-time-card-c-1268_1351.html) pan of the same precious metal, which holds the hash, an iron knife, fork and spoon.

can someone ban this clown plz?

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**Author:** ![Murrdog9000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/murrdog9000/32/6391_2.png) [@Murrdog9000](https://forums.speedlife.net/u/Murrdog9000)\
**Post date:** [February 26, 2009, 5:24pm UTC](https://forums.speedlife.net/t/gm-2008-losses/242425/5 "2009-02-26T17:24:55Z")

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wow… how can a company stay in business losing money like that

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**Author:** ![JClark](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jclark/32/6309_2.png) [@JClark](https://forums.speedlife.net/u/JClark)\
**Post date:** [February 26, 2009, 5:31pm UTC](https://forums.speedlife.net/t/gm-2008-losses/242425/6 "2009-02-26T17:31:42Z")

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> [@Bad Ideas for the day](https://forums.speedlife.net/t/bad-ideas-for-the-day/14818/24):
>
> Good sharing!There is a dining-room for the prisoners and another for the officers. The room [WarCraft 3 CD Key](http://www.mmovp.com/buy-cd-key-warcraft-3-cd-key-c-1268_1272.html) where the prisoners dine is a large hall capable of seating fully twelve hundred men.Each table is long enough to accommodate [Diablo 2 CD Key](http://www.mmovp.com/buy-cd-key-diablo-2-cd-key-c-1268_1270.html) to twenty men, and resembles an ordinary [StarCraft CD Key](http://www.mmovp.com/buy-cd-key-starcraft-cd-key-c-1268_1271.html) school-desk. There are no table-cloths or napkins; [Age of Conan cdkey](http://www.mmovp.com/buy-cd-key-age-of-conan-cdkey-time-card-c-1268_1351.html) nothing but a plain, clean board. The table furniture consists of a tin quart cup, a small piece of [Age of Conan time card](http://www.mmovp.com/buy-cd-key-age-of-conan-cdkey-time-card-c-1268_1351.html) pan of the same precious metal, which holds the hash, an iron knife, fork and spoon.

GERT! YES!!! :excited:excited:excited:excited:lol:lol:lol:lol

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**Author:** ![cazwrx187](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cazwrx187/32/6388_2.png) [@cazwrx187](https://forums.speedlife.net/u/cazwrx187)\
**Post date:** [February 26, 2009, 5:57pm UTC](https://forums.speedlife.net/t/gm-2008-losses/242425/7 "2009-02-26T17:57:49Z")

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Happy to say that Subaru was the only auto manufacturer to report a profit in 2008.

…Waits for can of worms to open…

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**Author:** ![PJB](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pjb/32/6389_2.png) [@PJB](https://forums.speedlife.net/u/PJB)\
**Post date:** [February 26, 2009, 5:59pm UTC](https://forums.speedlife.net/t/gm-2008-losses/242425/8 "2009-02-26T17:59:06Z")

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> [@Bad Ideas for the day](https://forums.speedlife.net/t/bad-ideas-for-the-day/14818/29):
>
> wow… how can a company stay in business losing money like that

and why do they bother staying in business? I know if I had a business that lost money Id close up shop and call it a day.

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**Author:** ![Mafdark](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mafdark/32/6322_2.png) [@Mafdark](https://forums.speedlife.net/u/Mafdark)\
**Post date:** [February 26, 2009, 6:08pm UTC](https://forums.speedlife.net/t/gm-2008-losses/242425/9 "2009-02-26T18:08:19Z")

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waa waa… people will lose their jobs. Write your congressmen. Our town will be ruined!

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**Author:** ![kramerbuccs24](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/kramerbuccs24/32/6397_2.png) [@kramerbuccs24](https://forums.speedlife.net/u/kramerbuccs24)\
**Post date:** [February 26, 2009, 6:11pm UTC](https://forums.speedlife.net/t/gm-2008-losses/242425/10 "2009-02-26T18:11:12Z")

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> [@What's up everyone!](https://forums.speedlife.net/t/whats-up-everyone/14742/43):
>
> Happy to say that Subaru was the only auto manufacturer to report a profit in 2008.
> 
> …Waits for can of worms to open…

 ![http://upload.wikimedia.org/wikipedia/commons/9/9a/Choco_chip_cookie.jpg](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/2/8/28beeae880428628b81643e6454cc5a41f0b7540.jpeg)

guess your dad picked the right kind of car :thumbup

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**Author:** ![97cavy](https://avatars.discourse-cdn.com/v4/letter/9/c5a1d2/32.png) [@97cavy](https://forums.speedlife.net/u/97cavy)\
**Post date:** [February 26, 2009, 6:24pm UTC](https://forums.speedlife.net/t/gm-2008-losses/242425/11 "2009-02-26T18:24:17Z")

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Its been a great time to work for a GM accessory distributor thats for sure!
