GM is facing an imminent crisis. Millions of its cars are going into recall status, with issues ranging from minor things like
the loose floor mats in the foot wells, to more drastic, potentially hazardous air bag ignition issues. With the millions of recalls now affecting GM, how do you fix it all, how do you fix GM? With the taste of "Government Motors" still in the mouths of some, GM already had a gargantuan task of reclaiming the light it had lost during the bailout , and was working diligently to show the American people that their investment was indeed a good one.
And they were actually making a lot of ground in showing that they were a worthy cause. Now, with a stream of recalls that doesn't seem to be stopping anytime soon, GM is struggling to endure the bad weather once again. With it being such a short amount of time since the bankruptcy and subsequent bailout, how can the company bounce back again and show the American people that they are still a great company?
Easy: They don't have to. Somehow, in the midst of all this chaos and bad press, the people have lent their voices and their money to show that they still trust GM. Even with a lawsuit filed today that was seeking GM to pay $10 billion for the lost resale value of their cars, people are still confident in GM branded automobiles. Last month, GM posted sales so impressive that I had to do a spit take.