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GM Channel Stuffing WTF!?
Those who have been reading our 2+ year series tracking the ridiculous "bottom-left to top-right" trend in GM dealer inventory channel stuffing, know all there is to know about the modern day equivalent of AOL (in which the purchases of modern equivalents of "dial up connections" are funded by loans from the US government itself), in both (non government backstopped) business continuity terms as well as in channel stuffing notoriety. Which is why we will present the November update of total dealer "inventory" (which rose to a record for the fresh-start company 788,194, or a record 99K increase in two months) a without commentary, except to say: WTF!?
Source: GM
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GROUPON ECONOMY!
keep obama in president
And in addition to the channel stuffing, the current GM credit test involves a mirror and a stethoscope. As long as they can roll that unit off the lot, you'll get it. Period. And GM financing has slowed their repos on failed auto loans. Look around at the foreclosure clowns driving to their free home with their new GM vehicle. It's fucking upside world. Fuck them, fuck their cars. Where are the eco-nazis burning shit down when you need 'em? No balls for them either.
I read somwhere in the last few days that they plan to open over 120 new dealerships in Thailand and Indonesia.
Plenty more stuffing to come