[CSM]

“All three of the big automakers are now profitable for the first time since maybe the ‘60s or ‘70s.”

This is a flat out lie. There has been many periods of profitability for each of the big three in the 80’s, 90’s and 00’s. On another note, GM should have filed BK and they would be much stronger today.

[SoCal Pubbie]

Parsing words, the quote implies that this would be the first time since the 60s or 70s that all three of Chrysler, Ford and GM turned a profit in the same year. Technically, the statement the guy made MAY be correct. You would have to find profit numbers for all three companies going back three decades. Your point is still valid though, in that the statement lends a false impression of the real history