Dealerships were closed if they were exclusively GM. If they were co-branded they could still sell the other nameplate. ie a Chevrolet and Subaru dealership could still sell Subarus.
Pres. Obama is right, "Osama is dead, GM is alive"
And yes, CEOs are still greedy. Making cars in Mexico hasn't lowered the price to consumers but it has lined plenty of corporate pockets.
So why are we bailing out these "greedy" CEO's?These companies need to re-learn how to compete or go the way of the Studebaker and Packard. Will you bail me out if I make bad business decisions? The Volt, while newer technology, is still over engeneered and over priced. Besides, some of our stimulus money went to a company to build batteries for it overseas. So much for American built.
As far as obama's quote, Osama is dead because of intelegence that Obama fought tooth and nail against getting nad Gm's woes were only kicked down the road thanks to our tax money.