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	<title>Comments on: Poor Ol&#8217; General Motors Crashing in the Midst of the Boom</title>
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		<title>By: Kurt Godden</title>
		<link>http://www.dailyreckoning.com.au/gm/2007/05/05/comment-page-1/#comment-2088</link>
		<dc:creator>Kurt Godden</dc:creator>
		<pubDate>Mon, 07 May 2007 16:05:32 +0000</pubDate>
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		<description>GM &quot;almost gone&quot;???????  You are grotesquely uninformed.

GM set an all-time sales record in its most recent quarter.  It is gaining market share everywhere in the world *except&quot; N. America.  The ONLY major market where Toyota beats GM is.... Japan!!! where the market is virtually closed to *all* foreign competitors.  

Your article further implies that GM cannot make a profit in its automotive operations, nor in GMAC.  Actually, GM made a healthy profit in its automotive ops.  Only GMAC dragged it down.

Finally, its new vehicles are getting RAVE reviews in the U.S. and elsewhere.  (Saturn Aura = N American Car of the Year (automotive press); Chevy Silverado = Motor Trend Truck of the Year)  Also, Pontiac Solstice, 08 Chevy Malibu, GMC Acadia, Saturn Outlook, virtually all Cadillacs...

For some reason it is popular to bash GM.  This seems to be based on long-obsolete stereotypes.</description>
		<content:encoded><![CDATA[<p>GM "almost gone"???????  You are grotesquely uninformed.</p>
<p>GM set an all-time sales record in its most recent quarter.  It is gaining market share everywhere in the world *except" N. America.  The ONLY major market where Toyota beats GM is.... Japan!!! where the market is virtually closed to *all* foreign competitors.  </p>
<p>Your article further implies that GM cannot make a profit in its automotive operations, nor in GMAC.  Actually, GM made a healthy profit in its automotive ops.  Only GMAC dragged it down.</p>
<p>Finally, its new vehicles are getting RAVE reviews in the U.S. and elsewhere.  (Saturn Aura = N American Car of the Year (automotive press); Chevy Silverado = Motor Trend Truck of the Year)  Also, Pontiac Solstice, 08 Chevy Malibu, GMC Acadia, Saturn Outlook, virtually all Cadillacs...</p>
<p>For some reason it is popular to bash GM.  This seems to be based on long-obsolete stereotypes.</p>
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