So, General Motors is bankrupt, and the “GM” brand now essentially stands for “Government Motors,” since the restructured company will largely be owned by the U.S. and Canadian governments. But what you really want to know is whether you should consider buying one of those cars your tax dollars are building. Consumer Reports has an FAQ on the subject, along with this quick video from the company’s head of auto testing. Tweetable version: There are great deals, but get a decent car. CR likes the Malibu and CTS. Be prepared for inconveniences, like local dealers closing shop.
What does the GM bankruptcy mean to you? [Consumer Reports]