Part of the government-forced restructuring of GM required that it get rid of unprofitable lines. It is concentrating on its four core lines, Chevrolet, GM, Buick and Cadillac.
The Chinese company made the best bid for Hummer. No tax dollars are going to China, that statement is nonsense.
The foreign operations looked like they might go to Magna, but the British and French are objecting because jobs would be lost in plants in their countries if production was concentrated in Germany. The outcome is uncertain.
Saturn is closing as GM concentrates its manufacturing in fewer factories as a cost-cutting measure; it is unfortunate that jobs at the Saturn factory will be lost as operations are closed down, but the closure is necessary.
The statement that GM had a "99% approved electric car" is nonsense; they are working on hybrids, but never planned a 100% electric, although those operating our coal-fired generating plants would have applauded.
A load-carrying car that can travel reasonable distances without use of petroleum is still years in the future. There is no infrastructure for hydrogen or other proposed fuels.