And? As I've stated before, market share isn't any measure of the health of a company. GM only slightly losing market share while shedding 50% of it's brands is actually a win.
Rental fleet sales are the bad kind. Many of the fleet sales were government or commercial. Ford's fleet sales are going to rise a lot... and that's a good thing....because they brought out a fleet specific vehicle in the Transit connect.
For the government to break even, GM needs to be valued at around $70 billion..... even skeptical analysts are predicting around a $68billion value for GM. So, no, the taxpayers aren't going to lose a ton of money on it.
This point shows a gross lack of understanding of out the automotive industry is structured. GM going out of business would have immediately killed Chrysler. The collapsing of GM would have taken out parts suppliers. Those parts suppliers also supply to current golden child Ford, and former golden child Toyota. The only reason Ford is still in business is some wise finance sage mortgaged everything up to the Ford name just before the credit crisis. If Ford were to be hit with supplier problems brought on by a GM collapse, it is unlikely they would be able to continue to service their debt and would themselves collapse.
As for liquidating GM... I ask... to whom? Toyota might be able to buy GM from a financial standpoint, but why would they want to? Toyota has a couple of their own pots already boiling over that need attention. Honda and BMW are too small, Daimler-Benz still has that nasty Chrysler taste in their mouth, Volkswagen is already full from an earlier acquisition binge, Nissan-Renault is being held together with paperclips and bubble gum. Tata stretched themselves as far as they could just to buy Jaguar and Land Rover. Fiat is barely able to digest Chrysler.
The idea that a company like Honda could suddenly take up the sales from the largest automotive seller in the country doesn't pass the laugh test. Honda already runs at or near capacity as part of their lean production system. This author's impression that Honda could buy a production line from GM today and start building Civics tomorrow just shows that she is out of her industry.