The thing is, Toyota is now the worldwide sales leader, dominating
all markets with control of the NiMH battery technology, the
dominating hybrid, extremely profitable, with a challenging new
small-car lineup as well as a competitive big pickup, manufactured
in markets GM is absconding from; things can only get worse for
them, it just can't get any better;

On the other hand, GM has no product, failed reputation, is a
laughingstock about killing the Electric car, has inept leadership,
a negative net worth, is unprofitable, and spending money on PR
rather than new products, its failed redesign of big pickups
draining money--obviously, things can only get better for GM!

Just my satirical opinion, but SOMETHING is keeping GM above zero...

Ford market cap is 25% greater than GM, and add the both of them
together, it's not even pocket chage for Toyota.

If GM and Ford were for sale, you could buy BOTH for the cash Ford
has on hand.

The low stock price is a symbol that the market thinks they will
continue with their losing, failing strategies; if GM were owned by
someone like Kerkorian, he could squeeze out a cash dividend higher
than current stock price, and still retain a stock value in the
hundreds of dollars per share...