I dont think so. Once the car industry starts falling over, the rest of the economy follows soon after.
Charges help send GM loss to almost $9bn
General Motors fell to its biggest loss since 1992 last year as a collapse in sales of US gas-guzzlers and hefty restructuring charges pushed the world's biggest carmaker $8.6bn into the red.Fritz Henderson, who took over as chief financial officer this month, said 2005 had been "a thoroughly forgettable year" as he reported a fourth-quarter net loss of $4.8bn, $8.45 a share, against a $99m loss a year earlier.
I dont think so. Once the car industry starts falling over, the...
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