Quote:
Originally Posted by wavrun2000
The only propaganda I hear is just these post. I think it is great that GM did not go under because the amount of jobs that would be loss would be huge. Maybe I am blinded by the fact that I use to live in a town that was built around a GM factory. And when that factory was closed basically the whole town was out of a job. Not to mention all the suppliers that were linked to the factory. So to see GM not go under and have that happen to many small American towns make me happy. Not to mention it makes me proud to buy a car that was made and engineered here in America.
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GM did go under. It's assets deemed valuable were transferred to a new company called General Motors Company. General Motors Corporation still exists but has been renamed Motors Liquidation Company LLC. If you are talking about dissolvement then yeah, it is good that it did not occur.