While we're enjoying record profits and record auto sales in the United States thanks to low gas prices and low interest rates, what concerns me in the long term is what's happening at GM.

Just within the past 2 years, GM has exited:

*Australia
*Europe
*Russia

And there's now discussion about exiting Korea and South America.

Mary Barra and Co. seems to be hell bent on cutting and running from most of their International Markets, to the point where soon it will only have operations in North America and China. This is a significant fall from grace of what was once the largest automaker in the world for decades.

Something fishy's going on, but I can't put my finger on it. There has never been a company the size of GM successfully shrink its way to growth, and the few instances when other companies attempted to follow the same strategy simply to appease Wall Street [[I.E. Hewlett-Packard and McDonnell Douglas), they all ended up failing and eventually being liquidated, split-up or phased out of existence.

Given that Mary Barra and Co. doesn't seem to be overly concerned with scale or market share, what is GM going to do when the boom in China eventually comes to an end or another severe recession hits the US? Will it be bankruptcy 2.0 [[and actual liquidation this time around)?

http://www.autonews.com/article/2017...e-shrinking-gm

http://www.businesskorea.co.kr/engli...presence-korea