Quote:
Originally Posted by Deegee
Stunts like this sway me even further away from ever buying another GM or Chrysler product in my life again.
What a bunch of misleading pricks. I'm really surprised the media hasn't been more aggresive against their PR stunt.
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Agree 100% - this stinks to high heaven. Maybe I just don't understand the intricacies of big business well enough, but I don't understand how they can go from the brink of destruction to swimming in enough cash to pay down billions of dollars in debt in one year. New car sales haven't rebounded that much. I also don't understand why the government would accept stock in lieu of payment for the remaining portion of the debt. Just doesn't seem to make sense.
I have much more admiration for a company like Ford that made the tough decisions and struggled through without taking the handout - even after the influx of government money tilted the playing field heavily in their competition's favour. Ford will be getting my money from now on when it's time to go car shopping.