A few short weeks ago, GM announced that they would be turning the iconic Corvette into its own line of cars, and now it looks like they are planning to do the same thing with the Camaro and Escalade badges as well. Maybe this is just my own personal PTSD kicking in here, but this seems very similar to the same mistakes GM made leading up to them declaring bankruptcy back in 2009. Too many brands to handle and inevitably too many executives to pay. That’s basically the definition of “too big to fail”, right? Wooley had some nice insight on this subject that you can see here
@s3magazine GM is digging deep into their old bag of failed tricks that led to their 2009 bankruptcy. #gm #generalmotors #toobigtofail #bankrupt #escalade #camaro #corvette #news #automotivenews