GM "General Motors Exits Bankruptcy"

GM has just announced they are exiting bankruptcy. They are changing the face of GM. President and CEO Fritz Henderson made the announcement this morning.

The company will be smaller and profitable even if the auto market does not turn around. They will focus on Cadillac, Buick, Chevy, GMC and new smaller and better fuel efficient cars and trucks and crossovers.

They are emerging with a new name The New General Motors Company. As well as a possible new logo.