After fucking the American car buyer for over 100 years, GM realizes planned obsolescence isn't such a great long term strategy. It couldn't have happened to a nicer bunch of gAssHats.
Now that we, the American people, own GM the question is, "What the hell do we do with this car company?" Personally, I like Michael Moore's plan. Let's re-tool these assembly lines of evil! What now cranks out the Hummer and it's low mpg siblings could manufacture the vehicles of the future. Green cars, trucks, vans and trains! Transportation options that do not rely on gasoline propulsion.
I'd like to give a nod to our new friends at GMretardation.com. They've nailed it with their spoof of GM's "Oooops, we're sorry, we'll do better" commercial.