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  • Anonymous
    9 years ago
    Favorite Answer

    And its a good thing they paid the money back as well....

    http://abcnews.go.com/WN/general-motors-repays-81-...

    http://usnews.rankingsandreviews.com/cars-trucks/d...

    Isn't America great?

  • 9 years ago

    GM has to turn to the China market because American cars are not popular around the world. They can't compete with German, Japanese , British cars for quality, For years they only thought about the home mass market. The Chinese government subsidises their industry. America can't just rely on that market, because there is 1billion ppl etc.

    They can be successful if they can't get started on fuel efficient electric hybrids vehicles, but American industry is only built for mass production. Whereas other countries can produce higher-end quality vehicles for a mixed market. Bmw are already steaming ahead on electric cars, and in 5 years they will be ready. Fuel efficient motors are what people want to drive. Gas is too expensive.

  • 9 years ago

    obama stole gm from stock holders and gave it to union

    gm still owes america 142 billion dollars

  • ?
    Lv 7
    9 years ago

    I don't know about hero, but he did them well. Robme would say otherwise.

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