As you’ve probably heard, General Motors has come on some financial troubles and grows increasingly desperate for a federal bailout. How did the American vehicle giant get to this point? Will the bailout do any good?
Jess Bachman — who designed the popular Death and Taxes poster and the more recent Visual Guide to the Financial Crisis + Bailout — explains GM’s current situation in this equally interesting infographic/comic (below). With a slurry of internal and external factors, the bailout will only postpone the inevitable. Bigger is not always better.
Be sure to check out Jess’ Wallstats blog for more infographics goodness.
Visualize This: The FlowingData Guide to Design, Visualization, and Statistics (2nd Edition)
Can he do Chrysler next?
I believe Tufte would call this a ‘chartoon’.
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Fantastic, but don’t agree with bailout postponing the inevitable. A significantly smaller and leaner GM may result, but I’ll back GM to make it out of the crisis.
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