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Were way beyond speculation regarding GM's fortunes right now. GM is in some deep ****, and that might be the understatement of the new century to this point. Whatever folks may think of their upcoming product portfolio, the reality is that GM no longer has the time to 'wait and see' if those products produce. GM is still too bloated structurally, too slow strategically, and just plain too broke fiscally to keep riding that 'wait and see' train. To add insult to injury, with our now wildly liberal government...an entity which knows about as much about running a business effectively as the average four year old no less......more or less holding GM by the stones because of the loan already granted to them the General needs nothing short of a miracle to turn around its fortunes at this point. And when I say miracle, I mean the full blown, seen once in a few thousand years, walking on water kind of miracle.
GM is acting like a company on the verge of full blown insolvency, likely because they are. Several of the brands will continue to exist in some form at the very least whatever the outcome, but GM as we now know them is almost certainly a dead company walking short of a: the government bailing them out to the tune of a hundred billion dollars or so, or b: somebody with a similar amount of money to burn deciding they just have to have a car company of their own.
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