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[Rusty]

Originally Posted by Moose GXP Take a look at the Global results posted yesterday. Only one global region made a small profit, GMLAAM. All others took a loss.

GM, as well as the other BIG 2, are international conglomerates. I think Federal Government should increase subsidies to R&D departments working on alternative fuels which would give budgetary relief for other product development. However, that doesn't solve the problem of product not moving. GM's cancelling development of new products (Corvette C7 & Stage II for Ecotec come to mind) will further slow traffic into their showrooms of those few who still qualify for loans. Taxpayers will be paying a high price for the Banking Debacle, the warnings of which the Legislature ignored. When you spread wealth around exuberantly, you'll wind up with very few who are still wealthy. The severity and term of the current situation depends a lot on what actually happens as a result of the recent elections, both Presidential & Congressional. In the meantime, Gm is looking for chunks of money wherever they can get it.

Regarding the size of GM; futurists have been discussing the advantages of ONE US auto manufacturer for over a decade. The balance of which Country provides what part of the Global Economy seems to be shifting, the adjustment for some will be more difficult than for others.