Oilman, they have never stopped leasing. When they were begging for money, they were running ads for employee leases with employee discounts, slapping the face of the people who want that jammed down their throat. What I think you may of heard of is the GMAC leasing was stopped on a lot of vehicles.
The mess of the workers getting away with things still continues, it doesn't matter.
Layout we have a strong auto industry, it includes Toyota, GM, Ford, Fiat, Honda, VW, Mercedes, and all the others but the weak ones were GM, Ford and Chrysler (now Fiat). The orginal domestic companies lost market share because of their inablity to produce a product that people would buy. The playing field was leveled in the 1980s when Levin and others messed with importation of foreign cars and further by some of the tricks used by the FTC against the japanese.
It all comes down to our original domestic companies lost market share and unlike their competitors they could not understand what was going on.
Because of the stupidity of the mindset of this region, we forget that GM and Ford are not domestic companies, they are international companies and have been since the 1920s. They are just like Toyota, Honda and others who are publically traded and more importantly the UAW propaganda that money made here goes to Japan or Germany is as false as saying money made by GM in China comes right back here - in either case it does not. See no one gets the idea that the money stays here in the form of stock and employment. Sure some of the profits go to the home company, in the case of Ford, it is Ford Europe, Ford Canada, Ford Germany - just replace Ford with GM and you got the US corporate structure. Toyota has invested heavely into the country because their market is here, as they have in other parts of the world, being number one with japanese management is a lot different than being number one with a blind US managment using 80 year old management techniques.
Irregardless what happened at GM, it is still GM with the same arrogance and ignorance from the top to the workers. We the people allowed the bankruptcy to be pushed through because we were told we just had to save the company but the truth is coming out slowly and it appears to be that we were lied to about being paid back what we as a country lent them and that it will be a better company. They are paying back through loop hools in the agreement which means we don't get the interest. But alas the only real truth that came out of this is still that there won't be a real change to the leadership of the company, the old guard just rid themselves of debt and responsiblity and got to keep their jobs. Remember that Kmart was managed in the same exact way, right into the ground and the guy at the top is going to pay for it, so should Lutz and Wagener and others at the top of GM.