GM recorded a 1.1 billion dollar profit last year and reduced losses in Europe despite a continued European recession. Car sales in Europe have sunk to their lowest levels since the 1990s so a reduced loss in Europe is a significant positive for GM. However, GM has still not lost the stigma of being “Government Motors” after receiving a 49.5 billion dollar bailout in 2009. For the last few years GM has earned billion dollar profits and much of the debt owed to the government has been paid back. However, because GM has paid back the government through a combination of cash and stock options the government has not collected the full $49.5 billion and is unlikely to unless GM stock increases its value substantially over the next few months. In fact analysts believe that tax payers may not even see $40 billion from GM since the stock value is much lower than expected. If GM fails to pay back all the money owed to the government can it escape the stigma of being “Government Motors”?