What if GM Shut Down?
By Kevin
Let's say GM can't get the unions to agree to have workers spend a greater share on the cost of their own medical care. The papers and pundits say GM will, eventually, go into bankruptcy. That's one way out. But that doesn't resolve the big issue: some GM brands are profitable and innovative, while others are still considered stodgy and unreliable.
It all leaves me wondering what is would take for GM to spin off its profitable lines as separate companies or as a new group, close its doors, and go out of business...
Last December, some folks at AutoWeek had a vivid debate on a related subject.