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‘Turnaround’? Obama gets assist as GM overbuilds cars, packs lots to inflate sales numbers

by on July 20, 2012
President Obama’s campaign claim that he rejuvenated the ailing General Motors depends on practices called “overbuilding” and “channel stuffing,” critics say.

Car dealerships’ lots are filling up with unsold trucks and SUVs because GM built more vehicles than it can sell in order to inflate sales claims and artificially boost its profits, The Daily Caller has learned.

Read more: http://dailycaller.com/2012/07/19/gm-turnaround-reports-rely-on-overbuilding-jam-packed-dealer-lots/#ixzz217xcIsCv

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One Comment
  1. Unknown's avatar
    Anonymous permalink

    Love how Obama takes credit for saving the auto industry when the reality is, a stroke of his pen allowed him to bilk the taxpayers,destroy contract law, and hand the taxpayer money over to unions. That is called THEFT, not a rescue.

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