Check out this quote in GM's 3rd Qtr Update [Archive] - Diesel Place : Chevrolet and GMC Diesel Truck Forums

: Check out this quote in GM's 3rd Qtr Update


TXVTX
12-03-2007, 05:58 PM
I was just reading this link:
http://www.gm.com/corporate/investor_information/earnings/

and saw this line:

GM reported a net loss of $39 billion (including Allison Transmission, which is classified as a discontinued operation), or $68.85 per diluted share, for the third quarter of 2007, compared with a reported net loss of $147 million, or $.26 per diluted share, in the year-ago quarter. Does this mean GM is going to stop using the Allison tranny?

Schweinmesser
12-03-2007, 06:21 PM
wow?!? they sold off Allison in August of 2007?

AVid
12-03-2007, 07:07 PM
They sold the commercial and marine part...kept the light truck plant.

Schweinmesser
12-04-2007, 11:51 AM
They sold the commercial and marine part...kept the light truck plant.

ahhh.....whew!