It appears that the company has focused its strategy on a public relations campaign to beg the American people to bail them out because if they file bankruptcy, the economy will collapse. Here is another press release about how they are delaying reimbursements to dealers because they are in desperate straits. We know this is a strategy because they are using the company spokesman, John McDonald, to spread the word to the Associated Press.
To me, a more effective strategy would be tell us what GM is willing to give up; carbon emissions, gas-guzzlers and the bad business practices that got them in this mess. Note to GM: you need us more than we need you.
Update: I just checked the GM website and when I clicked on corporate information it took me to a website, http://gmfactsandfiction.com/ where their scary video is featured along with all their “scary” facts.