The government owns 50% of GM now. The UAW owns 39%. The UAW will own 55% of Chrysler, and the government gets 10%.
There’s really no point in buying a GM or a Chrysler car anymore. The companies are going to go one of two ways. They’ll either make crappy cars and go under, or they’ll make crappy cars and be continuously propped up by the government. Either way, there’s no possible way they’re going to make good cars in the future. It’s really too bad. Before the government started meddling, Chrysler made some of the best cars ever. Unfortunately they haven’t managed to bring most of them to market due to a combination of the government and Daimler.
I’m looking into Ford now for the next time I pick up a new wheeled transport mode.