[Sir Napsalot]

What is more troubling is that -

IF the auto bailout had worked (??? because they were short on cash at the time??? I still don't get the reason for auto bailout, but that's beside the point), GM turned their business around and become a viable company, then they don't need to pull this stunt.

But we all know that's not the case. This 'mysterious earnings report' showed that GM will continue to need 'future bailout(s)'. Just like Obama's Coninuous Loop of Stimulus money to 'jump start our economy'.

The best description of that is "the patient is dying from multiple organ failures, and the doctor keeps pumping in viagra".

[jazusamo]

I believe you're right about needing future bailouts, without them they'll have to go through a genuine bankruptcy which they should have done this time.

The Chevy Volt is a money loser and now they're coming out with the Cad ELR which is a much fancier Volt selling for a lot more money.

With the recent bad news that the Chevy Malibu is getting killed by the competition it seems that won't help the bottom line for GM.

Article on that in case you haven't seen it:

Malibu Lags Competition as GM Maintains Green Focus