Photo Essay: The Cars That Are Killing GM
General Motors is on government-provided life support. Here are some of the cars better-suited for the 21st century's fast lane that are picking up speed and sending GM to the junkyard.
Down and almost out: On June 1, General Motors filed for Chapter 11 bankruptcy, the fourth-largest filing in U.S. history. The bankruptcy plan includes $30.1 billion more in U.S. federal aid beyond the $19.4 billion already received, but President Barack Obama acknowledged that Difficult days are ahead. GM will also eliminate up to 21,000 more jobs and shut 14 American factories; those facing closure include the Willow Run transmission factory in Ypsilanti, Mich., shown above on May 7.
Photo: Bill Pugliano/Getty Images
More from Foreign Policy
Saudi-Iranian Détente Is a Wake-Up Call for America
The peace plan is a big deal—and it’s no accident that China brokered it.
The U.S.-Israel Relationship No Longer Makes Sense
If Israel and its supporters want the country to continue receiving U.S. largesse, they will need to come up with a new narrative.
Putin Is Trapped in the Sunk-Cost Fallacy of War
Moscow is grasping for meaning in a meaningless invasion.
How China’s Saudi-Iran Deal Can Serve U.S. Interests
And why there’s less to Beijing’s diplomatic breakthrough than meets the eye.