Another shameless waste of money.....
Remember that vaunted General Motors recovery ushered in by President Obama’s bold bailout program?Super.
Well, not so much.
Today, GM stock is trading at approximately $19.36, down about 40% from its initial price.
GM is losing domestic market share at a rapid rate. From January to April 2012, GM lost 11% of its market share – about 300,000 vehicles of market share. Cadillac was down almost 25%.