GM is also still losing market share. They had a US market share of 20% in 2011, so far this year it's running at 18%.
How you like them Volts, 'Merica?
If the President is re-elected we may well be able to refer to GM as "the company so nice, Obama bought it twice!
All this and much more at this link.
Hat tip to Chris L.
1 comment:
Failure is an orphan, haha. You may call it Obama's in half jest, but the bailout began before. Here' a columnist basically says Obama only finished what GW began, giving credit where he thinks credit is due.
http://www.newyorker.com/online/blogs/johncassidy/2012/03/an-inconvenient-truth-it-was-george-w-bush-who-bailed-out-the-auto-makers.html
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