[RayChuang88]

I do think that the Obama Administration will work out a very comprehensive plan to do an orderly (but massive) reorganization of GM that will save the company. What will happen is that we will see GM reduce its entire product line to just three divisions in North America:

Chevrolet--family cars plus Corvette. Its family car line will essentially be the same as the Opel/Vauxhall line sold in Europe, except the Chevrolet Cruze will substitute for the Astra model sold in Europe.
Cadillac--luxury cars from second-generation BLS all the way to the DTS sedan.
GMC Trucks--all pickup and SUV's consolidated into one division.

GM will become 50% smaller than it is now.

[factoryrat]

It would be a smart move for GM. They have too many redundant model lines, and too much internal competition for resources. Focusing on market specific vehicles (i.e. one for high end, one for low end, one for SUV’s etc.) would help them out immensely. It’s the same as the Japanese model. A Camry doesn’t compete in the same market as the Lexus.