GM Out Of Bankruptcy

sounds like it's time for Ford to reassert itself as the premiere American built automobile.

G M is today building the best and most innovating cars in the world. & no I don't work for the auto industry at all .

There's enough blame to go around for the debacle. There will be more companies joining GM if they don't correct the imbalance on both sides of the equation. I mean top executives plundering from company coffers and workers who feel entitled to all the benefits and high wages which were the norm some decades back. The world has changed and the American worker will never see the glory of the 50s and 60s ever again. There are literally hundreds of millions of trained workers in China and India ready to do the same work for a pittance. At the same time, executive pay should be dreastically curtailed and some of that wealth spread to th workers.

Yet another handout? Perhaps this time GM will figure out what the American public wants in a "new" automobile... which is one that costs $10K and has a 10 year/ 100K mile warranty. Now all the "brains" at GM have to do is to figure out how to do it. hint.. look at car companies in Korea or India?

Out of bankruptcy into failure! Failure financed by the Obama administration.

Hey whens the last time some of you drove a GM product. They have some nice products out there. Sounds like you Toyota and Honda lovers are getting scared. The new Malibu, Camaro, Traverse, etc. are just terrible. "Not"

The government is investing in GM not for profit but save some jobs and help the economy. Foreign labor will continue to cut into jobs and pay rates. Unions negotiated for better pay, better retirement, better medical benifits and helped create a lower middle class at the expense of profits for GM. People are now turning to the goverment for these benifits. Profit without benifit to those who build the cars is good for a few. It is still better to invest in America and buy American. On Star is ready.

Ford will be the New GM. Their joint venture relationship with Mazda is great. Continue putting out new innovative cars like the Mazda 3, Miata, Ford Edge, Fusion, etc.

lesson learned. no more gm bonds in my portfolio $10,000 was a big chunk to lose for any senior citizon on only s.s. and no pension.

It's a reality check..... History would be an excellent thing if it were true....

Same as it ever was...GM has been bankrupt for the last 10 years and is still bankrupt....they are still in denial.

Truth is the cry of all, but the game of the few....

mmayzak, Look at where the Headoffice of Toy & Honda is, Japan. I don't care for those cars as their engines sound like blenders. people buy them because they are cheaper, and people like to defend what they buy. Usually profits of subsidiaries go to their head offices. In this case the US has to find foreign exchange to repatriate to Japan when we buy Japanese products. that simple.

Bill & Shannan - Friday July 10, 2009 10:47AM EDT G M is today building the best and most innovating cars in the world. & no I don't work for the auto industry at all ======================================= That was a good one! Thanks for the laugh.

youngt2 - Friday July 10, 2009 11:47AM EDT Hey whens the last time some of you drove a GM product. They have some nice products out there. ======================================= Stop with the jokes! I'm laughing too hard already!

Have you realized that this site is frequented by greedy, materialistic children who “don’t understand” any rule, law or moral that stands in the way of their making a quick, easy fortune? You guys need to grow up, and develop some ETHICS!

A friend is a second self....^_^ Have a nice weekend!

BRING BACK THE YUGO !

I have a Chevy Impala in my drive right now. It will be the last GM car that I will have.

Chrysler and GM have been in trouble for years. This current crisis just finished them off. They have been in a death spiral since the oil crisis of the 1970's. On a totally different note, the dollar is up today against the EURO, the Aussie, the British Pound, and every other currency except the Chinese Yuan. (I am beginning to see why there are accusations about them manipulating their currency since it never changes on XE). Why does the dollar go up when the stock market is down? Any ideas?