December 10th, 2008 // comments (0)

Before This Auto Bailout Vote…

Let’s take a look at a glaring stat from 2007:

In 2007, Toyota sold 9.37 million vehicles.

In 2007, General Motors sold 9.37 million vehicles.

In 2007, Toyota made $17.1 billion.

In 2007, General Motors lost $38.7 billion.

The New York Times explains why and what Ford plans to do to fix the problem.

Related:

• March 16, 2009 -- 20/20′s Stossel Slams Bailout
• January 15, 2009 -- Senate To Vote On 2nd Bailout
• December 10, 2008 -- Democrats Reach Auto Bailout Deal
• November 26, 2008 -- Markets Close Up For Third Day
• November 25, 2008 -- Update: The Cost Of The Bailout
• November 24, 2008 -- What Does $315 Billion Look Like?
• November 12, 2008 -- Hey! Want Some Bailout Cash?
• October 3, 2008 -- House Passes $700 Billion Bailout
• September 23, 2008 -- Abandon Ship: Bail The Bailout?
• February 5, 2010 -- UNEMPLOYMENT RATE DROPS