The NYT article pretty well explains all this. It protects the auditors from liability, gives GM leverage with the unions—but also could make dealings with suppliers VERY tricky. And now the government needs to decide whether there's a bottom to this hole before tossing more money in. We're on a very high precipice…

I'm sure we'll be seeing this here momentarily, but now that GM has its doubtful "going concern" opinion from its auditors, Opel had better get a lifeboat pronto.

How does one drive this without a shrunken head? And where can I get mine shrunk?

This is your father's Oldsmobile. This is drugs. This is your father's Oldsmobile on drugs.

@A cannolling starplayer also supports rlj676: Put me down for "Drivers Wanted."

The difference is that the Lagonda is trying to be beautiful, while the Tramontana makes no pretense; it just wants to be fast.

That face reminds me of the shark in 'Finding Nemo.'

Those protuberances on the side need to be toned down.

Argh! It has two faces! At least!

I finally figured out the vibe here. It's like a Pinewood Derby with grownups and real cars. Some were made in Dad's fully equipped woodworking shop; others with a coping saw, a scrap of sandpaper and a dollop of paint.

I think this atones for the California.

Just call him Hoonior.

Could just be the resolution of the photo, but the front and rear door panels don't appear to align correctly...look where the bottom edges of the windows meet. And this is on the version built for the show circuit.

The DOTS '53 Citroen Traction-Avant.

That. Is. Gorgeous.

Yawn.

Here's the kicker, folks, and if it goes the wrong way for GM, the feds can ask for their money back:

Did anyone notice the DOTS action there? A '60s Suburban and a T2 Transporter just in that one shot.

@Scroggzilla, Murilee's Personal Attack Kaiju: OK, just this once, this phrase is back from cliche-dom. LOL.

@shoman95: And doesn't that sum up the whole GM story right there?