News, GM Execs Admit Errors, See Turnaround In 3 Years. (loans, debt, sales)

[John1960]

General Motors chief executive Fritz Henderson said Tuesday that the sale of the Hummer brand will save jobs, as another senior executive said the automaker can return to profitability within "two to three years."

GM Execs Admit Errors, See Turnaround In 3 Years : NPR

[texdav]

I really have my doubt that they can return to profitablity in three years especially with the heavy burden of debt they have taken on.If you look they continued to lose sales while Ford increased sales in april over the number a year ago.I also doubt that the taxpayers and the congress will continue to fiance them for three more years with any more money;especially once the banks payoff their loans and presssure to fianlly deal with the toxic assets increase .