Both my parents retired from GM, 1 Union 1 Management. GM operates in a bazaar manner. Fisher Body (GM) made parts for Saturn (GM). GM ordered Fisher to take a loss when selling parts to Saturn. Saturn showed a profit Fisher showed a loss and the employee's at Fisher were always hounded to improve performance/costs. Management is amazing.
Having said this, I do not blame GM for it's demise. I blame the Federal Reserve and US Congress for collapsing the dollar. The whole country is in depression, GM didn't cause that.
We the People caused it by voting for good looking, fancy talking, lying/thieving used car salesmen. And we vote to get something for "nothing". Free healthcare is NOT free (who pays the Doctor?).
This bailout for GM and Chrysler has got to have a bad effect on Ford. 60 billion to the 2 welfare car makers and Ford gets nothing? I am against any welfare. Ford didn't want the 60 B's because THE 60 B's is all DEBT (and part of the US debt).