Look for a European consortium(subsidized by the gov.)to buy GM then a merger with German owned Diamler Chrysler with the new conglomerate to be named "Globalist Motors"
If not that, then look for one of the Japanese players to try to grab up GM. Probably Nissan or Honda as I see competition issues by the SEC with a merger or acquisition by Toyota. If Nissan or Honda does gobble up GM, look for Toyota to consolidate with Ford either through a takeover or merger soon thereafter. I don't think the Europeans have liked the results of the Daimler-Benz/Chrysler consolidation and will be wary of other joint ventures/financial entanglements with American auto companies at this time.