Poor GM. It not only got “repossessed” by the U.S. government, now it’s kicking itself in the ass in a new round of television and print ads.
Some gems from the 60-second TV ad:
“There was a time when eight different brands made sense. Not anymore.”
“…the only chapter we’re focused on, is Chapter 1” — a nice play on the company’s Monday Chapter 11 bankruptcy filing.
The U.S. government may wind up owning up to 60 percent of GM. I’m not sure how I feel about it. Who’s rescuing the smaller companies that are truly in trouble because of the economy and not because of poor accounting and big-ass bonuses given for shitty company management?
Time will tell if GM can survive.