Originally Posted by Hollywood_North GT

This is the issue: a bailout may do nothing to force GM into greater efficiency. On the other hand, filing for bankruptcy protection could enable GM to get rid of underperforming brands and emerge as a smaller, more tightly run company.

As to the top management - I'm not sure who should be let go. While some strategies have clearly failed, I think one can also make a case that GM is producing some of the best quality - and most interesting - cars in its entire history right now (who among us wouldn't love to own a new CTS-V?). So I don't know how much of this is bad strategy, and how much of it is the right strategy at the wrong time, aka too late in the game.

One definitely bad strategy, IMHO, is too **** many brands and duplication across brands. GM only needs two (three at the most) marques in North America anymore. If they want to keep Buick for China - and can do so efficiently - then fine. But Pontiac and Saturn should go. Since many of the Saturns are rebadged Opels, anyway, just rebadge the most desirable of them as Chevys and find a way to take the Euro engineering and build them in North America...like Ford is going to do with the Fiesta.