I know quite well the Tata is the worst Car company in the world, with a record for highly dangerous to the environment. The Longivity of the Nano in normal circumstances is 2 yrs. It pollutes 3 times as much as an average Ford. And most importantly, it is very unsafe, as its frail body is made of thin steel, 3 times thicker than and alluminium can's coating.
About GM, it does not deserve to make cars, Toyota provides the best cars, both frndly to environment and also cheap for the quality it provides. Rarely people comment badly about a Corolla.
GM should go bankrupt because all they do is spend money on buying expensive assets such as private jets. And the cars it makes are unpopular even in the US. It should stop wasting government money. However, if it does go bankrupt, the ppl it owes money to will get it over a lon perios of time hence, creating financial trouble for them.
However, it is not the GM company that is to be blamed completely, but rather the Western, especially American Banks that led to reduction in the availabity of finance, as they themselves went bankrupt and also led to others being so. Problem here really is credit speding and speculation. The western financial system is one that is "screwed up", it frankly does not work and the sophistication is far to advanced, causing loop holes to form, thus allowing financial gurus to take advantage of them.
