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general motors GM delists from Toronto Stock Exchange
bank_on_carrie posted a topic in Competing Products
Yes, the mightly GM has fallen. And what a disastrous month it has been for them!! As per recent announcement, General Motors has applied to delist from the Toronto Stock Exchange. GM says that "the costs associated with maintaining a dual listing are no longer justified." The question remains the same: If this isn't a freefall, what is? -
As a long time Mercury owner, it still breaks my heart that Ford killed the Mercury Brand. It wasn't making money or some such nonsense. How come other companies can have their cake and eat it too like General Motors with the Buick brand! GM kept Buick and look at them now! Great looking vehicles! And they have Cadillac to compete with! I think we sunk the boat on this one. I'm trying to keep my current Grand Marquis until I can't drive anymore unless I see some new Mercuries in the future. We gave up too easily, in my opinion giving up that sector to GM, Chrysler and foreigners.
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http://www.forbes.com/sites/louiswoodhill/2012/08/15/general-motors-is-headed-for-bankruptcy-again/ Not a very journalistically sound piece, but I can see this gaining some traction in the current political climate. Mr. Cain brings up what we've been saying for months:
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http://www.autoblog.com/2012/04/26/gms-akerson-thinks-successor-should-come-from-within-wont-ba/
- 32 replies
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- dan akerson
- lincoln
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