Obama Pushes A 'Good Car-Bad Car' Solution For Automakers

You remember the good bank-bad bank idea, right?

Meet good car-bad car.

According to WSJ, the Obama administration would like to see a restructuring that would split GM’s good parts off from the bad parts. Details are scant, but the idea is that Chevy and Cadillac would somehow be spun off to their own company.

But what would the bad part be? A bunch of Saturns and some awful union legacy costs? Lovely.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.