It's All GM, All The Time!

Alright, baby, here we go!

Bad side of the coin:
The Detroit News reports: GM posts $323 million loss. Man, more loses for GM. Will it ever end?

The loss of 57 cents per share for the January-March period was narrower than a loss of $1.3 billion, or $2.22 per share, in the first quarter of 2005.

GM said revenues were up 14 percent to a record $52.2 billion from $45.8 billion a year ago, thanks in part to strong sales in Asia and Latin America, the sale of a stake in Suzuki Motor Corp. for $317 million and improvements in North America, including better pricing.

Whoa! A 14% increase! Who is buying these dealies?

Good side of the coin
Jalopnik reports: Holy Global Performance! GM Vehicle Sales Up! Woohoo! Sales are up baby. Costs are down! In the extremely bizarre made-up world of press releases, GM put out this press release:

The Editorial Staff of Cars! Cars! Cars! can bite us!

So, is this the beginning of a turnaround for GM? Will their massive cost-cutting and badge engineering pay off? Will Mike sleep with Linda? Stay tuned! For the record, it's "editorial" staff. Heh, staff.