[VRM]

GM is going down for one reason only: They are not selling enough cars with enough of a profit.

GM has sold over 40 million cars in a year in the past. Last time I checked they were selling under 10 million.

They were not able to hold their market share for a variety of reasons, both internal and external.

Honda and Toyota share some of the blame for doing both a real and perceived better job of building quality cars.

Management shares some of the blame for poor corporate decisions and building cars that nobody wants.

Unions share some of the blame for not being smart enough to reailse that management has to be able to run the company and control costs.

Engineering/design shares some of the blame for designing things like the Aztek and Skylark.