More evidence of the awful management at GM, before and after nationalization.
No mention of Vauxhall; GM’s UK subsidiary, of of Holden; GM’s Australian subsidiary.
Holden held/holds most of GM’s muscle car DNA. The recently introduced Camaro is bested in acceleration and handling, by Huyndai in the six-cylinder version.
BTW it looks like GM’s CFO is being forced out. (The current and previous GM CEOs were previous CFOs).
The rich Swedish investor that bought Saab, has in turn found an investor from China. (Why couldn't GM find the Chinese investor?)
Now it is out of bankruptcy and does not need to follow every dictate of Obama’s cronies.
The Genesis 6 does not best the Camaro in acceleration and handling. That is just a load of crock. The Camaro is backordered about 3 months.
No mention of Holden because they never were considered for sale. Vauxhall was but know seems to be off the table.
I am sure GM could have, but who in their right mind, even in China, would buy a stake in a company that is being nationalized? :)