Did they fix the product quality and business issues that forced them into bankruptcy in the first place? I argue no because they didn’t have to — the taxpayers bailed them out.
If they had gone through bankruptcy, they would have been forced to clean house, streamline, and become efficient.
On top of safety and basic build quality, someone at GM has lost their eyesight. Just looking at one of those brand new Chevy pickups in the parking lot. Only one word for it. U.G.L.Y.
I don’t know who thought that look was a winner but they need their head and their eyes examined by professionals.
6. NEVER buy a GM car.
Supporting Unions and a Nationalized Socialist company is unAmerican.
Correct me if I am wrong; but, didn’t GM get a government bailout during the Reagan Presidency?
“In 2008, I testified before the Senate Banking Committee that a federal bailout of the automakers would be a grave mistake.
Subsequently, after the industry recovered to profitability, I was repeatedly called by journalists asking if I would care to recant my statements.”
Didn’t they use TARP money to pay off the loan? If true, not exactly worthy of a “recant.” Why? Because all they did was shuffle money around and didn’t address the fundamental problems that forced the bankruptcy in the first place.
2. GM’s culture is broken. The company can’t make reliably safe cars
I HATE GM, but this demand for perfection is laughable.
6. GM-Bailout money is union money is democRat money.
Now GM has been fined $35 million over safety lapses.
Federal regulators have hit them with this fine.
Who has been running GM? The same govt.
Guess where the money will come from to pay the fine?
Us, again.
All for show.
Nothing will change.
In a sane business environment, GM would have been left to fall, reorganize and come back stronger. But they have to protect their union money laundering operation above all else.