GM a penny stock?

GM was once the biggest automobile manufacturing company in the world; maker of the big bad SUV our iconic Hummer. Well, things are not humming now. The trip to bankruptcy court could lead to massive unemployment as car dealers and part makers add their number to the jobless joes. Of the 8 brands {Cadillac, Saab, Buick, Pontiac, GMC, Chevrolet Saturn, and Hummer} few if any will survive.