GM should have learned from what became England's giant albatross: British Motor Corporation/British Leyand. In 1964, BMC had 40% of their domestic market share, in addition to assembly plants in Australia, South Africa, etc., and a very strong presence in North America and continental Europe. By 2005, when they filed for bankruptcy, or 'Administration', they had a paltry .02% of their home market, and struggled elsewhere in the world. Craig