GM is at a 53 year low; it hasn't been s cheap since 1955. It's just 1/9 the size of McDonald's at its current market capitalization. Nearly everyone has a strong sell rating on the stock. Is the US auto industry really that bad? Discuss.
I wouldn't be surprised if Toyota bought them out in the next year or two. All of GM's fuel efficient small car offerings are rebadged Toyotas and Hyundais if I remember correctly. All they make now is trucks and big sedans, which are losing their popularity due to the fuel prices going up every time a sultan farts.
I wouldn't be surprised if Toyota bought them out in the next year or two. All of GM's fuel efficient small car offerings are rebadged Toyotas and Hyundais if I remember correctly. All they make now is trucks and big sedans, which are losing their popularity due to the fuel prices going up every time a sultan farts.
ReplyDelete