With GM emerging from bankruptcy today, I found this “primer” helpful in understanding the new “Obama Motors.”

General Motors closed the sale of its best assets to a new company primarily owned by the American government on Friday, starting a new era in its 101-year history. Here are the answers to some frequently asked questions.

Q: What is the new General Motors called?

A: Its formal name is the General Motors Company.

Q: Who owns the new G.M.?

A: The majority owners of the new G.M. are the American and Canadian governments, which hold 72.5 percent. A union health care trust called a Voluntary Employee Beneficiary Association, or VEBA, holds 17.5 percent, and 10 percent is held by the old G.M.

Q: Which brands will the new G.M. sell?

A: G.M. plans to keep Buick, Cadillac, Chevrolet and G.M.C. It is shedding Saturn, Hummer, Saab and Pontiac.
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