On July 2, 2008 GM Throws in the Towel, I wrote a post suggesting that GM would leave North America, it loses money here and makes money abroad. Now Jerry Flint suggests that is actually happening. Gee am I prescient or what about this stuff? As Flint says, Buick is about done, as is Lincoln over at Ford. I can imagine selling Chevrolet to someone and throwing in Pontiac and Caddy just as a bonus. But with Cerebus bad luck with Chrysler, who would be interested in buying, perhaps the UAW?
Professor Elam
Accounting & Investing Info for San Antonio A & M
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