In the process of bankruptcy and reorganization, General Motors has carried out large-scale structural adjustment and reform. 20 10 1 1, the new general motors company completed bankruptcy reorganization and resumed normal operation. In this process, the US government gradually withdrew its control over GM by selling its shares.
Therefore, GM was not directly acquired by other companies, but achieved self-salvation and rebirth through bankruptcy reorganization and government assistance. Now, GM is still one of the largest automobile manufacturers in the United States, with Chevrolet, Buick, GMC, Cadillac and other brands.