Who Would Ever Buy a GM?

Why Would GM Ever Make a Good Vehicle? No Need Anymore...

Now that GM is owned by the federal government and the UAW (I can't think of two worse owner groups for a car company to be successful, btw), I have to wonder: who in their right mind would ever buy a GM vehicle? No doubt, the government will continually supply extra taxpayer dollars to make up for the losses for this permanent ward of the State, but if left to compete on a level playing field, I can't think of any attraction to purchasing a vehicle from such an inert, corrupt entity. No doubt the government will attempt to provide GM unfair advantages (now *that's* a great thing, ain't it?), but if I were Ford Motor Co., I would claim the mantle of "All American" car company with the greatest, most sustained ad campaign in industry history.

The auto giants should have been allowed to remain independent and work out its issues through bankruptcy. The claim that "jobs were saved" is a straw man and is patently false. In bankruptcy, the company would most likely be legally empowered to tear up the collective bargaining agreements and other debt instruments, restructure, and come back a vastly healthier beast. That would result in the UAW taking it in the shorts, which is exactly why Obama illegally seized these companies; payback for political allies.

What's going to happen when Ford needs to renegotiate its agreement with the UAW, owners of their primary competition? I expect we'll see a slow motion 2 step, where on the one hand the government starts to provide GM and Chrysler unfair advantages that leverage taxpayer dollars, while on the other hand the UAW stalls contract negotiations, fights and strikes against Ford. Slow motion so that UAW workers can migrate in an orderly fashion from Ford to the the government car companies until the time is right to kill this last great American car company.

Ford is still controlled by the Ford Family. They decided last year to put it all on the line for the company's best interest. Root for the Fords; they are true Americans! Buy Ford, screw GM!