General Motors (GM -0.6%) slides below $19 for the first time since emerging from bankruptcy in...


General Motors (GM -0.6%) slides below $19 for the first time since emerging from bankruptcy in Nov. 2010, after Toyota (TM -0.2%) grabbed the first-half global sales lead. GM announced H1 sales of 4.67M vehicles, which fell ~300K short of TM's number. For Toyota, the rebound is impressive, but "what's even more important than the numbers is the profitability."

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Comments (4)
  • Tom Au, CFA
    , contributor
    Comments (6879) | Send Message
     
    "Those that don't learn from history are doomed to repeat it."
    25 Jul 2012, 05:59 PM Reply Like
  • azblackbird
    , contributor
    Comments (358) | Send Message
     
    I don't know, call me crazy, but when you can't give away cars at 0% and 72 months, something is brewing. Japs and Euros for many years never offered attractive financing. Now they're playing the same game as the domestics are. Hmmm?
    25 Jul 2012, 08:31 PM Reply Like
  • PPT stimulus for GoldBugs
    , contributor
    Comments (16) | Send Message
     
    should have let them sink...save jobs my tail, anbody that wanted a car would have bought one and most are made here, ford, toyota, hundai, honda, nissan...they'd have just been built by someone else who'd employed more people. companies that did the right thing and their shareholders were robbed of winning the battle by US taxpayers rescuing the loser along with the banks. free market works only if you can have winners AND losers. no consequences just encourage more bad behavior.
    25 Jul 2012, 09:58 PM Reply Like
  • B___________
    , contributor
    Comments (42) | Send Message
     
    At least Buffett's a buyer!
    26 Jul 2012, 12:08 AM Reply Like
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