Yes, GM IS losing alot of its influence in the automotive industry.Hell Buick might be gone soon, along with Pontiac believe it or not. See they're losing alot to Ford and ofcourse the import market is killing them too.
The reason GM has alot of front wheel drive cars with V6s is because of the imports, im sure all of you know this by now. But when they got rid of the Camaro, for a stupid reason I bet they didnt see the Mustang just being the opposite of what they thought. Now it's killing them at a faster rate.