The United States would recover most of its planned $50 billion investment in General Motors within five years, according to a preliminary Treasury Department estimate that foresees the company, now on the brink of bankruptcy, rebounding over that time to become a strapping global competitor.
I wounder how GM will become a global company when it will probably not be able to sell cars in Europe for a long time. If you read the whole article, you will see that the US was so confident of GM ability to compete that they made the German’s swear that Opel would not be allowed to sell cars in the US. It seems to me that the EU would be well with in its rights to demand that GM not sell cars in Europe.
Also, if you read the article you will see that US government seems to be planing on pulling some (most?) of GM production in China back to the states. How well do you think that is going to go over in China and how much luck do you think GM is going to have exporting cars to Asia?