Okay. What do 5 square kilometres of manufacturing space, an eighteen-hole golf course in New Jersey and a church in Indiana have in common? And, yes, it is a joke. Well, sort of.
If you worked at Saab and you’d been struggling to raise investment funds to engineer a replacement to your 14-year-old flagship, then you might struggle to twist your face into anything resembling a smirk.
That’s because these three rather disparate pieces of real estate are some of GM's remaining ‘bad assets’ finally being auctioned following the company’s bankruptcy in 2008.
It’s easy to see how the largest manufacturing company in the US would end up with extra capacity, though having a spare 50 million square feet would make for impressive pub chat, but the golf course and church seem more likely warning alarms that no one heard.