Too bad the cars aren't also shrinking

Posted By Blake Hounshell Tuesday, June 2, 2009 - 8:42 AM Share

Via Mike Allen, fun facts about General Motors:

GM has a $458 million market capitalization now - it was $59 BILLION nine years ago. GM will have 40,000 people building cars in America. It had 400,000 in the 1970s.

As Allen points out, if you're an American taxpayer, you're now the proud owner of this white elephant.

EXPLORE:NORTH AMERICA, BUSINESS
 
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