A study by the obviously pro-government National Taxpayers Union claims each new GM vehicle costs the average taxpayer $12,200. Their bizarre assumptions and our analysis below.

The "New" GM released a quarterly "preliminary managerial result" this morning and despite being not in any way comparable with the pre-bankruptcy GM, they're certainly illustrative of the enema-like cleansing effect of bankruptcy.

The "New" GM will try to play the Lee Iacocca PR card by repaying $6.7 billion — of a total of $50 billion in government loans — ahead of the scheduled repayment date of July, 2015.

GM's new chairman Ed Whitacre first made a splash pointlessly starring in a new GM commercial. Now GM's been forced to send out a release about an unimportant speech the Chief Self-Promotional Officer's giving at Texas Lutheran University.

We always hear complaints about the new car buying process being antiquated and "old n' busted." GM's apparently seeking to change that as it emerges from bankruptcy by partnering with eBay for new car auctions.

According to the AP, the logo for the "New GM" (now called "General Motors Company") may change from blue to green to show Congress and the President consumers it's greener and focused on fuel efficiency. UPDATE: It's not gonna happen.