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The End of the Line for Government Motors

The dying gasp of Government Motors, GM to end production of most sedans, from Detroit News [1]:

Production stoppages at five General Motors Co. plants signal that the automaker — like its U.S. rivals — will stop building most sedans and small cars.

On the chopping block are six four-door GM cars following the automaker’s decision announced Monday to idle three assembly plants and two transmission plants in efforts to save $6 billion by 2020. The Buick LaCrosse, Chevrolet Impala, Cruze and Volt, and Cadillac CT6 and XTS will no longer be produced when GM’s Detroit-Hamtramck Assembly, Lordstown Complex and Oshawa Assembly plants go dark next year.

Memo to the media, Mitt Romney, for once, was right. Bailing out General Motors was not a very good idea.

Note to the American tax payers, the United Auto Workers took you to the cleaners.

Note to Dumbo, b/k/a Barack Obama, should have listened to Mitt, from BreitBart [2]:

Six years ago, President Barack Obama promised to buy a Chevy Volt after his presidency.

“I got to get inside a brand-new Chevy Volt fresh off the line,” Obama announced to a cheering crowd of United Auto Workers activists. “Even though Secret Service wouldn’t let me drive it. But I liked sitting in it. It was nice. I’ll bet it drives real good. And five years from now when I’m not president anymore, I’ll buy one and drive it myself.”

Now it looks like Obama will not get his chance to make good on the promise. General Motors announced Monday that it would cease production of the hybrid electric plug-in Volt and its gas-powered sister car the Cruze.

[…]

Obama, who once described the manufacture of these cars as “jobs of the future,” could not be reached for comment.

In a free market, companies have to produce what the public is willing to buy. In a Bernie Sanders, socialist, economy, companies produce what the government tell them to.