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Old 06-03-2008, 08:06 AM
 
Location: Alvarado, TX
2,914 posts, read 4,252,258 times
Reputation: 794

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"WILMINGTON, Del. (AP) - General Motors is closing four truck and SUV plants in the U.S., Canada and Mexico as surging fuel prices hasten a dramatic shift to smaller vehicles."

GM closing 4 truck and SUV plants in North America

Where is Chicken Little when he's really needed!
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Old 06-03-2008, 08:22 AM
 
Location: Denver
9,224 posts, read 15,931,760 times
Reputation: 5487
Default :eek: Fun while it lasted.

Even bigger news inside that article:

Quote:
He also said the iconic Hummer brand may be discontinued.
No other vehicle comes close to the Hummer as a symbol of the days of cheap oil and cheap credit of the late 90s and early 2000s.
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Old 06-03-2008, 09:57 AM
 
16,092 posts, read 36,565,737 times
Reputation: 6272
iconic or ironic?
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Old 06-03-2008, 11:15 AM
 
Location: Lost in Montana *recalculating*...
11,854 posts, read 15,494,778 times
Reputation: 12142
Moronic is more like it.
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Old 06-03-2008, 11:24 AM
 
411 posts, read 712,863 times
Reputation: 119
Any GM stockholder in here?
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Old 06-03-2008, 11:29 AM
 
Location: Lost in Montana *recalculating*...
11,854 posts, read 15,494,778 times
Reputation: 12142
If there are, they should find this welcome news.
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Old 06-03-2008, 11:40 AM
 
34,990 posts, read 34,734,702 times
Reputation: 6163
Only 4 years too late.
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Old 06-03-2008, 11:49 AM
 
Location: Lost in Montana *recalculating*...
11,854 posts, read 15,494,778 times
Reputation: 12142
Better late than never, especially if you held the stock..
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Old 06-03-2008, 12:33 PM
 
34,990 posts, read 34,734,702 times
Reputation: 6163
Quote:
Originally Posted by Threerun View Post
Better late than never, especially if you held the stock..
I dont know, GM was at about $50 in 2004. Maybe you mean shorting?
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