Sunday, April 5, 2009

Think a billion dollars worth of cars

Our Dear Gov has sent General Motors ("What's good for General Motors is good for the USA!") some 18 billion dollars more or less. For the sake of argument, let us say the company receives $20,000 when it sells a car. One billion dollars has some 50,000 cars in it at this figure.

So what we've given GM is the equivalent of sales of almost a million cars.

Without the messy process of actually building those cars or buying the steel and the parts or paying people to assemble them. No engineering needed, no sales effort to be paid for, no marketing budget or administrative assistants or executives or meetings. No buildings, no accountants, no nothing.

Per Auto Blog the company sold under 4,000,000 cars in 2008. Guess we started off the 2009 sales season with a bang, huh? Especially since the 18 bil has no costs in it.

Oh. Now they "need" some more bil. That make sense.

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