D saved GM. It probably gave Obama Ohio at less than 200,000 votes out of 5 plus million cast.
Looking back, the GM bailout was a partisan band aid.
What did U.S. taxpayers get for their $11.2 billion bailout of GM? Abo.ut te.
The lower and middle sections of the market are dominated by Asia, and the high end of the market by Europe: Mercedes, Audi, BMW. GM can't compete with the Honda Civic at its price point or with the Audi A7 at its price point.
It isn't winning in the dino-juice-powered market, in the electric-car market, or in the hybrid market, either: GM is not exactly what you would call a nimble corporation.
GM has a much healthier business selling trucks and SUVs, a business that it now will focus its resources on - as it should have done long ago.
The GM bailout was a classic case of government picking winners and losers.
https://www.americanthinker.com/blog/2018/11/the_only_winner_of_the_gm_bailout_was_obama_2012.html
Looking back, the GM bailout was a partisan band aid.
What did U.S. taxpayers get for their $11.2 billion bailout of GM? Abo.ut te.
The lower and middle sections of the market are dominated by Asia, and the high end of the market by Europe: Mercedes, Audi, BMW. GM can't compete with the Honda Civic at its price point or with the Audi A7 at its price point.
It isn't winning in the dino-juice-powered market, in the electric-car market, or in the hybrid market, either: GM is not exactly what you would call a nimble corporation.
GM has a much healthier business selling trucks and SUVs, a business that it now will focus its resources on - as it should have done long ago.
The GM bailout was a classic case of government picking winners and losers.
https://www.americanthinker.com/blog/2018/11/the_only_winner_of_the_gm_bailout_was_obama_2012.html
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