Cupcakes all around!
Government General Motors emerged from bankruptcy today, and the shiny new version of GM is now leaner, in charge, and ready to manufacture cars that people actually want to buy. Maybe.
How are they doing? Hard to tell, says Marketwatch in an extended car-racing metaphor. GM stock won’t be issued until next year, so it’s hard to tell what the markets’ view might be. Guess we’ll have to wait until the new company starts producing actual cars that don’t suck.
For details about the new GM, its ownership, and how the change affects current and future GM customers, visit this very thorough guide at Consumer Reports Cars.