GM is now defined as a wasteful company that made vehicles most applicable to the desires a different global economy. GM stands as a shining example of a company that was hell-bent on making an easy buck that it never cared to see the grave it was digging itself way into.
I couldn’t even smile briefly when GM CEO Rick Wagoner was ousted by the current administration. It is horrifying to witness a pillar of American economy that was driven to bankruptcy by a leader’s desire to produce trucks and SUV’s despite consumer trends. Rick Wagoner displayed no sense of sustainability. I sympathize for the fallout as the final nails are driven into the coffin of GM. As GM stands on the verge of a prepackaged bankruptcy- its best option- I can imagine the awe on the faces of future generation as they learn that long ago people drove and desired American made vehicles.
The only positive aspect I can stretch out of this mess is that this will serve as a historical example of an American folly and how our economy should be preserved.
