I'm not accepting the answers of that they need to close up shop or give up, etc. They could pull it off, but the General needs to back them up.
At one time they were the epitome of luxury, a standard if you will, but by the early 70's they fell into the bean counter culture and became the joke of luxury soon there after.
They have been getting better since the bailout and I feel like they could take on the likes of Mercedes and BMW, but they are still lacking something. What that is, I'm not sure.
I feel like they need a flagship luxury sedan to take on the likes of the S class and 7 series. Something large and loaded to the gills with luxury offerings. They need to develop a new chassis instead of it being based off an existing one that was developed in Micronesia for GM Korea.
What say you?