Tomahawk, WI 12/10/2013 (BasicsMedia) – General Motors Company (NYSE:GM) has gone through some of its most painful experiences in recent memory due to its bailout by the government. Since receiving $49.5 billion in government bailout at the height of the financial crisis, GM was christened “Government Motors” due to the government control of its operations since then.

Now that the U.S. government has sold its entire stake in the automaker, image redemption is expected. GM never enjoyed its association with the government even though the bailout dollar helped to keep its factories running and businesses operating. In fact, the bailout which now leaves the government with $10 billion in loss, helped to secure 2.6 million jobs and $284.4 billion in personal income between 2009 and 2010. This is according to the statement by General Motors Company (NYSE:GM) announcing the government exit in its shareholding.

Given the negative publicity which comes with such a bailout and the political issues that are read in them, GM must now turn to the new chapter to erect an inspiring image of itself once again.

The automaker could learn from  American International Group Inc (NYSE:AIG) on how to repair image after a government bailout. AIG received $182 billion in a bailout during the financial crisis but has since been able to repair the bad publicity it suffered due to its connection with the government.

Yet another lesson can be learned from  BP plc (ADR) (NYSE:BP) which is succeeding in repairing its image after the gulf coast oil spill. This incident attracted a lot of bad press and deeply hurt the company’s reputation. But most of these have been reversed, and the company is enjoying good business again.

With several examples to learn from, General Motors Company (NYSE:GM) is expected to drop the “Government Motors” tag faster. If recent developments are anything to go by, the company can be seen reinventing itself. It recently restructured its international operations by moving its international offices from China to Singapore and also appointing a new chief for the Chinese operations.

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