After watching their former ceo resign after a request from president barack obama, the fate of GM hangs in the balance of what could be a tough 2 months ahead. With the car sales at a all time low, the chances of GM coming out of this bankruptcy is looking very clear. Hopefully sales to pick up, but they have to work together and try to figure out what important things that they must do to cut the costs and remain profitable in the future. I think they have a lot of work to do and not enough time to do with a company as big as GM.

The U.S Treasury is going to commit 6 billion to help Gmac, a group of GMC to help them the largest U.S. automaker out of bankruptcy.