2006-09-12 01:27:00 · 5 answers · asked by ANKIT C 1 in Cars & Transportation ➔ Car Makes ➔ GMC
Maybe Kiran ought to do a bit more research... GM stock is at 32.89, well up from the low of 18.33.
GM is well ahead of schedule in its turn around plan. Lots of good product in the pipeline, and some good stuff on the ground. And by the way, exactly how many Toyota recalls have there been lately?
2006-09-12 04:37:21 · answer #1 · answered by InjunRAIV 6 · 0⤊ 0⤋
Yes, GM is close to going bankrupt, they are trying to avoid it. The Nissan/Renault Alliance is contemplating in buying 1/3 of the company to help keep them afloat.
Toyota sales are up all around the world, I have a source at Toyota that shows their sales and they should be #1 in the world next year, especially with the coming of their full size Tundras.
2006-09-13 13:04:57 · answer #2 · answered by 510Driver 3 · 0⤊ 0⤋
They are close to going bankrupt. Don't go with GM, It's only of matter of time before Toyota overthrows GM as the worlds # 1 auto maker. Wait and see.
2006-09-13 00:52:00 · answer #3 · answered by substance 2 · 0⤊ 1⤋
not yet.. but that day is not far if it does not do anything to compete with TOYOTA.
Already, GM shares are trading at 10 year low ....
2006-09-12 09:22:50 · answer #4 · answered by kiran r 2 · 0⤊ 0⤋
Nope, thus far they have avoided it.
2006-09-12 08:32:08 · answer #5 · answered by Anonymous · 0⤊ 0⤋