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Message Subject
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GM makes record profits in 2011. Are you serious? 7.6 billion
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Poster Handle
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SHININGLIGHT |
Post Content
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Accounting tricks, the sale of Delphi,the parts business GM used to own, sales in China and reduced workforce (outsourcing) ran their profits up.
Little of that has anything to do with the US economy being strong.
Quoting: Anonymous Coward 6047788 I guess you are right, has little to do with US economy.... quote from the link "International operations outside those regions was only slightly more profitable, despite continued gains in sales in China, where GM now sell more cars than in North America.
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