GM was burning cash long before the current crisis

[cisco]

This article was written three years ago.

Gm was losing $2311 per car in 2004.

http://chrissilvey.com/weblog/?p=112

 

[Simply In The Red]

Part of the reason that they lose money is because they don't listen and build what the public wants. Instead, they throw out several versions of a mediocre chassis and expect everyone to run out and pay top dollar for the crap.