Forum Discussion
LindsayRichards
Jan 27, 2013Explorer
GM went bankrupt, received an $85 BILLION bailout, and the "New GM" company is doing the same things that caused the bankruptcy in the first place. They have put all of their eggs in the heavily subsidized electric hybrid which by the very sluggish sales figures is being rejected by the American public. Newer technology will win out every time. They tied their future to the eclectic hybrid wagon which isn't selling. They are going to end up like Detroit, a shell of it's former self depending on the government for it's existence.
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