Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: RetiredTexasVet

This POS costs $150,000 dollars to build and GM is going to sell them to the Government for 1/2 that price, losing $75,000 dollars on each car they give to the Government.

The things will sit in a Government warehouse for years because no one will want to drive them.
How is this win-win, when GM is losing $75,000 dollars a pop and GM is getting a POS in return???

No wonder we are 16 trillion dollars in the hole.

This is frickin insane, anybody with half a brain would scrap the ones already built and never build another one.


8 posted on 01/25/2013 7:25:00 PM PST by Venturer
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Venturer

I looked for a source and there is none. I assume this is a vanity. Where did this info come from??


9 posted on 01/25/2013 7:28:52 PM PST by Venturer
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson