Quote:
Originally Posted by BigTrap1967
If GM decides to or is forced to liquidate their stock what do you think the effect would be? Me personally I think It would be a good thing,because first of all it would mean instant cash flow for the company.Think about if you could go out and buy a new or used car at lets say 35% to 40% on a dollar there wouldn't be a car left on the lot.Which would give GM the money to restructure,which in-turn would keep people working.Just my thoughts>  :flag2: |
By stock do you mean trucks and cars? If so, isn't GM paid for the vehicles through dealer floor plans and not after the dealer seels it. I could be wrong, but I don't think that GM gets the money *after* the dealer sells it so massives sales wouldn't increase GM capital.
Bob