Various Topics on Mercedes-Benz

.... .. ..agnas..

In article <etKsj.332$Cs.92@trnddc04>, Jeff <kidsdoc2000@hotmail.com>
wrote:

> > Hey, Jeff:
> >
> > http://news.google.com/news?hl=en&ne...nG=Search+News
> >
> > "GM lost $US722 million in the December quarter and a record $US38.7
> > billion for 2007"
> >
> > Tell us again the bedtime story about how GM was the only automaker
> > whose sales improved last month.
>
> <http://www.nytimes.com/2008/02/02/bu...=business&oref
> =slogin>
>
> You can read it yourself.

Oh, I'm not saying it isn't true. But it's a bedtime story, intended
solely to make you warm and fuzzy. There is no meaning to that
particular data point at all.

....

Elmo P. Shagnasty wrote:
> In article <etKsj.332$Cs.92@trnddc04>, Jeff <kidsdoc2000@hotmail.com>
> wrote:
>
>>> Hey, Jeff:
>>>
>>> http://news.google.com/news?hl=en&ne...nG=Search+News
>>>
>>> "GM lost $US722 million in the December quarter and a record $US38.7
>>> billion for 2007"
>>>
>>> Tell us again the bedtime story about how GM was the only automaker
>>> whose sales improved last month.
>> <http://www.nytimes.com/2008/02/02/bu...=business&oref
>> =slogin>
>>
>> You can read it yourself.
>
> Oh, I'm not saying it isn't true. But it's a bedtime story, intended
> solely to make you warm and fuzzy. There is no meaning to that
> particular data point at all.

And tell us what the meaning of the GM loss is.

You might want to note that $38.3 billion of the loss is related to the
way deferred tax ***ets are evaluated.

GM certainly is not doing great in North America, but it is making some
progress.

jeff

http://www.gm.com/corporate/investor...ings/index.jsp