Billions and Billions

Here's the good news:
GM only lost $1.2 billion in the last quarter. You know, the last time we only lost $1.2 billion, we were celebrating too.
But seriously folks, GM is making a come back and that is good news for a lot of folks, including taxpayers, local car dealers and in turn, our local economy.
What's really important here is that car buyers begin to see products made by the big three as competitive with those from Europe and Asia. GM and Ford have made great progress in improving quality and in their designs. Take a look at that CTS or the SRX. Look at the LaCrosse and keep an eye out for the new Buick Regal. These are good cars that should help GM increase its market share, which in turn will help a lot of the local dealers.
Read between the lines at what the GM folks like Bob Lutz say and you get the sense that there is a dramatic culture change going on in Detroit. Bankruptcy may have been a humbling experience and the philosopy may have shifted from "We're No. 1" to the old Avis Rental Car Tagline, "We Try Harder."
What do you all think?