General Motors still not Invest Worthy November 16, 2007
Poor General Motors. Despite a whole of decent products, decent sales, and blunting rival Toyota’s relentless drive to world’s top automaker, Wall Street continues to give the domestic giant a thumb’s down. Moody Investors Service, pointing to a lackluster U.S. market and GM financial statements which include a $39 billion allowance, has lowered GM’s rating from positive to stable.
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