Federal Judge Approves Sale Of Good Parts To Newer Model GM

Illustration for article titled Federal Judge Approves Sale Of Good Parts To Newer Model GM

A federal judge approved GM's plan late Sunday to sell its best assets to a new, government-backed company — "New GM" — a crucial step in completing the automaker's trip through bankruptcy court and, you know, not liquidating. [NYT]

DISCUSSION

twinturbo2
twinturbo2

Hopefully, Ford isn't at a massive disadvantage and is forced into C11 to compete with Government Motors.

Because if that happens, I'm switching my party affilation from Democrat to Libertarian. Enough is enough.