Memo To Congress: Merge The Big Three (GM)(F)
Tweet
Share
E-mail
Get Alerts GM Hot Sheet
Join SI Premium – FREE
From 247wallst.com
Look at the GM (NYSE: GM) 10-Q. The company had $3.3 billion in sales, general, and administrative expenses. That is all of those white collar workers, the R&D and product development staffs, the marketing men and dealer relations people, and the accountants in the basement of the headquarters in downtown Detroit. Ford's (NYSE: F) number is nearly as large and Chrysler's must be $2 billion. Robert Nardelli makes a lot of money.
Read More at 247wallst.com >>>
Look at the GM (NYSE: GM) 10-Q. The company had $3.3 billion in sales, general, and administrative expenses. That is all of those white collar workers, the R&D and product development staffs, the marketing men and dealer relations people, and the accountants in the basement of the headquarters in downtown Detroit. Ford's (NYSE: F) number is nearly as large and Chrysler's must be $2 billion. Robert Nardelli makes a lot of money.
Read More at 247wallst.com >>>
You May Also Be Interested In
- Ottawa weighs proposal on auto tariffs as it presses U.S. for reprieve - Globe and Mail
- Ford To Move Production Of Some Lincoln Models From China To U.S. - Reuters
- Detroit Automakers Fear North American Trade Deal Revamp Could Cost Them Billions - Reuters
Create E-mail Alert Related Categories
Contributors, Insiders' BlogRelated Entities
Chrysler LLCSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
