GM TO REPORT RECORD ANNUAL LOSS ON FEB. 12:General Motors Corp. will announce its 2007 earnings on the morning of Tuesday, Feb. 12. The automaker is expected to announce its worst annual loss in history, due to a $39-billion paper loss in the third quarter, primarily because of a tax-accounting rule. The loss comes even as GM announced earlier this week that 2007 was its second best sales year ever, with global sales of 9.37 million vehicles. Detroit Free Press, January 25, 2008
hmm... i have to say i didnt help them make any money... whenall was said and done i ended up getting a car for 4 grand under MSRP with ZERO money down... lol
