GM Lost $50 Billion Between 2004-2007; More Than All Of Their Profits From The Prior Decade

“GM‟s motivation lay in the fact that during the period 2004-2007, GM had lost nearly $50 billion dollars, more than all the profit it had made in the past decade (Stoll, 2008)”.
Journal of Business & Economics Research – January, 2009 Volume 7, Number 1 41 The Labor Agreements Between UAW And The Big Three Automakers Good Economics Or Bad Economics?

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