New York Times On GM's Fleecing Of Small Town America

In the end, the money that towns across America gave General Motors did not matter… G.M. walked away and, thanks to a federal bailout, is once again profitable. The towns have not been so fortunate, having spent scarce funds in exchange for thousands of jobs that no longer exist.

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  • Lorenzo How Sad. This wagon had at least another 100K miles left on her. It's like having your body donated to science at age 60 - while you're still alive!
  • Tassos no matter how much you (very foolishly!) pay for this serial loser, you will lose EVERY CENT OF IT when it goes broke. Just like GM's shareholders in 2008.
  • Kwik_Shift_Pro4X And the next version in 6 months will be even more hotter. 🙄
  • Cprescott While this seems like good news, IIHS is a complete racket that arbitarily changes standards at a whim based on specious evidence. Once cars meet these standards, IIHS changes them so that most will fail so they get publicity. This is how they work. And I'm not even going into the fact that they are funded by the insurance companies....
  • Cprescott Good old days of Volvo. Can't say tht about their current garbage.