Life without GM

The reality is that General Motors, once one of the most powerful corporations on earth, is about to go bust. Regardless of the outcome of loans from the US government, GM faces enormous excess inventory, a declining market in the US, and a lack of models that meet current and future consumer demand. There seems to be a distinct feeling of when, not if, GM goes to the wall. My family has had links to GM since the 1920’s, so it’s strange watching something that was a daily part of life potentially unravel.

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