As soon as the Dems put the deal together to bailout the UAW, screw GM management, shareholders and bondholders - I knew both GM and Chrysler were dead.
The only way was a normal bankruptcy where the owners (bondholders) and management extract concessions through a bankruptcy court.
Exactly right Frantzie! The whole thing is a payoff to the unions, WITH OUR MONEY. Makes me feel great...not!
I’d buy a Chinese car before GM or Chrysler, given those were my only choices. At least the Chinese junk ain’t UAW produced.