GM is 'Government Motors' no more

GM is 'Government Motors' no more

There are 3 comments on the Michigan Radio story from Dec 9, 2013, titled GM is 'Government Motors' no more. In it, Michigan Radio reports that:

Four years after facing the possibility of its own demise, General Motors is free of the controversial government ownership that saved the Detroit automaker in 2009.

Join the discussion below, or Read more at Michigan Radio.

fatbacks x

Seattle, WA

#1 Dec 10, 2013
Not gubbermint motors anymore! Now you get to subsidize (10.5 billion loss) your neighbor who just brought home a made in mexico, shiney new chevrolet. And you piss and moan about feeding the poor. K M A!

Toledo, OH

#2 Dec 10, 2013
It is not too late for gm to pay back what they owe government.there should have been absolutely no profit sharing to employees,especially veteran workers who make far more than lower paid ones in 2 tier bologna. Any more profits should go directly towards paying usa govt back!whether it was agreed on or not,general motors owes 10 billion not million. Again,this should be priority.not bonuses and high paid executives until this is completely paid.after all,most assuredly, they would have collapsed without this handout.general motors,makes this a hand up,not a handout,,pay usa taxpayers back 10 billion! Thank you
Who really gets paid back

Canton, MI

#3 Dec 14, 2013
There are bankruptcies filed every day all across America. In most of the cases there are lenders that do not get paid back. It is part of the legal process.

There is an article here that goes deeper into the GM topic. I found it interesting.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Automakers Discussions

Title Updated Last By Comments
News Bush said to meet with car chiefs (Apr '06) Thu greg 13
News UAW wants health-care pool of U.S. automakers t... Wed John Jeffery 2
News GM sees $600 million expense due to currency sw... Wed John Jeffery 1
News Itís a Sad Day at Toyota (Jun '10) Jun 29 Phillip123 1,154
News Chrysler threatens to leave Canada (Mar '09) Jun 28 Kokomo man 322
News Chinese carmaker, Chrysler near deal (Feb '07) Jun 27 JunkRamLaramieLim... 29
News Republican Walker is leader of 2016 election pa... Jun 25 Mccains illegitim... 108
More from around the web