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How many $Billions did GM lose last quarter?

Mermaidman

Diamond Member
Ford announced a loss of $8.67B for the 2Q. GM will announce its results on Friday . . . What godawful amount will it be? 😀 🙁

edit: wrong forum? Mod please move or delete.
 
Part of the issue, in my view, is the over stock of cars / trucks that are always at dealerships. They never sell their entire inventory,so they should only stock say maybe 50 vehicles or so. Then, if a customer wants a particular set of options / colors,
they can call around to find it or custom order it, like was done in the 1970's .. sure it takes a few weeks, but you get what you
want. And GM does not need to waste Labor Costs, Material, Energy. Transportation of new vehicles. They should also standardize on maybe 5 or 6 engines across the entire GM line. They would save in the long run and maybe, turn a profit.
 
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