04CHASE Posted April 30, 2010 Report Share Posted April 30, 2010 http://editorial.autos.msn.com/article.aspx?cp-documentid=1140892 good signs for gm Quote Link to comment Share on other sites More sharing options...
sierra ss Posted April 30, 2010 Report Share Posted April 30, 2010 Glad they did but it makes me wonder why they needed the money in the first place. How could they pay it back so quickly, I know things have not picked up that much for them. Read some were that they have received about a 1/4 back from Chrysler and none back from some back, i cant remeber which it was. Go figure. Quote Link to comment Share on other sites More sharing options...
2bfast Posted April 30, 2010 Report Share Posted April 30, 2010 haha. Reality is they used the ol " payed this credit card off with this credit card" method.....they are still bad news bears and will be for awhile. Quote Link to comment Share on other sites More sharing options...
brobradh77 Posted April 30, 2010 Report Share Posted April 30, 2010 from what I understand its all BS and smoke and mirrors....I was told to look at it like this...The gov't allocated ,for the sake of this discussion, 10 billion dollars to help bail GM out....They only needed 4 billion to stop the bleeding..so since they only used 4 of the 10 bilion they are claiming to have payed back 6 billion when in reality they didnt pay back shit..they just didnt use as much as was originally thought...GM didnt do tha well..they may have managed to stop the hemhorring but thats it Quote Link to comment Share on other sites More sharing options...
diggerdan11 Posted April 30, 2010 Report Share Posted April 30, 2010 from what I understand its all BS and smoke and mirrors....I was told to look at it like this...The gov't allocated ,for the sake of this discussion, 10 billion dollars to help bail GM out....They only needed 4 billion to stop the bleeding..so since they only used 4 of the 10 bilion they are claiming to have payed back 6 billion when in reality they didnt pay back shit..they just didnt use as much as was originally thought...GM didnt do tha well..they may have managed to stop the hemhorring but thats it Yeah that makes sense. They just paid off the small loan that kept them afloat. They are still way in debt and are Still GM (government Motors) Quote Link to comment Share on other sites More sharing options...
Badkarma Posted May 1, 2010 Report Share Posted May 1, 2010 They actaully send me an email saying they payed it back. weird. Quote Link to comment Share on other sites More sharing options...
mike1booth Posted May 1, 2010 Report Share Posted May 1, 2010 youd think theyre making money on the camaros.. i see one on every corner around here Quote Link to comment Share on other sites More sharing options...
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