And this despite the GM’s economically unsustainable UAW retirement benefit contract costs having been made part of the U. S. Government/Taxpayers multi trillion dollar debt, via the Stimulus spending gimmick.
Yep, the UAW retirement contract certainly benefitted at the cost of GM bondholders and taxpayers but they’re not out of the woods yet unless it remains Government Motors. The government has no business financing companies, get ‘em out.