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On Alternet, filmmaker Michael Moore figures if General Motors is posting profits, layoffs can’t be far off. But seriously, why isn’t GM and the rest of corporate America hiring? When will Main Street start seeing the windfall from the government bailout of Wall Street?

The government stepped in with trillions of dollars in cash and guarantees to keep Corporate America from collapsing due to its own stupidity, short-sightedness and greed. And it worked—for Corporate America. You may not have noticed as you were being foreclosed on, but the profitability of the Fortune 500 is almost back to normal

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GM’s 60-day return offer will close out at the end of November. The message – may the best car win – would be a good way to re-introduce GM to the American people. But the New GM looks a lot like the Old GM: “no strings attached” apparently doesn’t include red tape.

GM offered new car buyers a chance to try out a GM vehicle for what it presented as an extended test drive. Come in, get a GM vehicle, try it for 60 days, and if you don’t like it, you can bring it back. At least, that was the idea.

But click through to the Details and Limitations, and you’ll discover why less than 0.1 percent of consumers who bought a car through this program returned it. To return the car successfully you must have kept it for at least 30 days and “Your Eligible Vehicle must have no more than $200 of damage as determined by GM or GM’s agent. Such damage may include, without limitation, internal or external scratches, scrapes, dents, odors, rips, burns, etc.”

So that’s at least 30 days of wear and tear, and GM gets to decide whether the scratches and “odors” that your car has accumulated in that time cost more than $200, based on criteria it did not disclose. Oh, and “GM’s agent” that does those return inspections is GM’s insurance company.

Don’t like the assessment that the GM inspector made of how much damage has been done to your car? You’ll have to take it up in arbitration. Then a company of GM’s choosing will make a determination about whether the inspection has been conducted fairly.

Oh, and if you did manage to jump through the hoops and return the car, the global VP for engineering will personally call you and ask why.

This is no way to re-introduce GM to the American people. Unless the message is: We’re still the same company.

Lena Pons is a transportation policy analyst for Public Citizen.

Flickr photo by cobalt123.

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Today General Motors made yet another big, splashy announcement about the Chevy Volt – complete with a hip-to-the-youngsters viral marketing campaign. This time the news is that GM estimates that the Volt will get 230 miles per gallon in city driving.

So…what does that mean? For the plug-in hybrid Volt, it’s anyone’s guess. The Environmental Protection Agency (EPA) calculates fuel economy ratings for electric vehicles by measuring the efficiency of the vehicle running on electricity and converting to miles per gallon. (For more details on this see this piece by the Society of Automotive Engineers.) (more…)

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