Definitely just postponing the inevitable. They've been having issues of various sorts for years, and now it's all finally caught up with them. They've been doing things poorly, people do not trust their brands (Dodge esp.), and their foreign competition can offer better value.
I really hope this automaker bailout gets completely shut down. welcome to capitalism, Big 3. You make bad choices, make bad (or just not good) products, and don't do things right... well, yea--you're going to have to change the way you do business, and it's not up to the national government (and in turn, the taxpayer) to fix your mistakes.
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"Praestantia per minutus" ... "Acta non verba"
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