It is a good thing
We bailed out Chevy and Chrystler. It would have sucked had they gone bankrupt. Our gubment stepped in and saved the day though. Good work gubment.
I believe the government will get out of the car industry eventually, because the government has a long history of getting out of things that it gets into.
All of the sudden the Ford Focus looks like a much more attractive car. Get it now before it gets taxed to kingdom come so that the Chevy Aveo is the only affordable car in the U.S. Market.
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Pension, your funny. The Canadians will be repayed their investment when GM shuts down the rest of the factories there.
It will only take them 4 years to reach profitability, if everything works out.