GM has had trouble moving cars since it became Government Motor Company because a lot of buyers simply don't like to buy their cars from the government. Recently GM's chairman has been on the tube touting the fact that GM has paid off it's loan from the Feds. Left unsaid, however, is that during GM's bankruptcy the majority of the government debt was converted to stock in the reorganized entity and the Feds (and the UAW with a minority interest) have majority control of GM, and that hasn't changed. seekingalpha.com/article/200384-did-gm-pay-back-its-loan-sort-of
Still want to buy that Chevy or Buick? You might try Ford instead which turned a large profit last quarter with no help from Washington. money.cnn.com/2010/03/02/news/companies/auto_sales/index.htm
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