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Old 05-14-2009, 05:38 PM   #1
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That press conference was depressing!

http://money.cnn.com/2009/05/14/news...ion=2009051416

GM is due soon to start notifying dealers of plan to cut 42% of network. Metro-area and suburban dealers to feel the deepest hit.

I am truly starting to lose the faith man, Just create the freaking preorders!

I read a license plate cover today on a mustang that said "The Muscle car that NEVER LEFT!" I really really dont want to see GM or the Camaro fail! I preordered the car I love the car but I dont want a car is the company goes under and I can't get parts for her as she starts to break down.

This is some fears that I have. Slap me straight if i'm wrong!
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Old 05-14-2009, 05:49 PM   #2
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I don't believe you have anything to worry about get your Camaro and have fun,just like when I bought my 02SS and knew the car was discontinued I didn't even think about it and the only things that went bad were battery and waterpump
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Old 05-14-2009, 05:49 PM   #3
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I just hope some of the stealerships that have been reported here are the ones being cut. Keep the GOOD GUYS GM!
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Old 05-14-2009, 05:51 PM   #4
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I just hope some of the stealerships that have been reported here are the ones being cut. Keep the GOOD GUYS GM!
True that!
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Old 05-14-2009, 06:23 PM   #5
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It's sad to hear that 1200 dealerships might have to close especially because it will put that many more people out of work. I just wonder what happens to your order if your dealership is one that closes. Can you still get it or move the order to another dealership?

As far as worrying about replacement parts, that will not go away any time soon. I think they (GM) have an obligation to supply parts for a certain amount of time and the goverment would also step in and honor warranties etc... At least I think they will!
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Old 05-14-2009, 07:27 PM   #6
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Government car warranties. Kinda like government health care for your car. Oh how effecient that will be. Can't wait.
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Old 05-14-2009, 07:31 PM   #7
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Government car warranties. Kinda like government health care for your car. Oh how effecient that will be. Can't wait.

How true, how true!
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Old 05-14-2009, 07:40 PM   #8
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Quote:
Originally Posted by Vole182 View Post
http://money.cnn.com/2009/05/14/news...ion=2009051416

GM is due soon to start notifying dealers of plan to cut 42% of network. Metro-area and suburban dealers to feel the deepest hit.

I am truly starting to lose the faith man, Just create the freaking preorders!

I read a license plate cover today on a mustang that said "The Muscle car that NEVER LEFT!" I really really dont want to see GM or the Camaro fail! I preordered the car I love the car but I dont want a car is the company goes under and I can't get parts for her as she starts to break down.

This is some fears that I have. Slap me straight if i'm wrong!
Vole182,
The Mustang did leave in some fashion...think back to the late 70's and early 80's when they removed the pony from the car and made the hatchback. That to really wasn't a "muscle car", so just keep the faith and believe...we will all get are cars and GM will survive. Of course this is IMHO...Things are tough now, but they will get better.
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Old 05-14-2009, 07:42 PM   #9
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Government car warranties. Kinda like government health care for your car. Oh how effecient that will be. Can't wait.
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Old 05-14-2009, 07:44 PM   #10
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Vole182,
The Mustang did leave in some fashion...think back to the late 70's and early 80's when they removed the pony from the car and made the hatchback. That to really wasn't a "muscle car", so just keep the faith and believe...we will all get are cars and GM will survive. Of course this is IMHO...Things are tough now, but they will get better.
The Mustang has never been a musclecar.
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Old 05-14-2009, 07:54 PM   #11
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http://blogs.moneycentral.msn.com/sm...recession.aspx

here maybe this will help
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Old 05-14-2009, 08:09 PM   #12
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I am a big fan of GM and I love there cars I have 3 Chevy cars. but I think if they would have released the camaro a year ago instead of teasing everyone and taking to long to make the car. and not bring the camaro out when the company is going into bankrupt they would probaly be in a better financial standings. i mean the ford mustang was in the same boat under cover when there were testing the car. when the production came the mustang was out before the camaro could even hit the production line. i saw he mustang before i saw the camaro and there were like 4 new mustangs and 1 camaro.
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Old 05-14-2009, 08:21 PM   #13
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I am a big fan of GM and I love there cars I have 3 Chevy cars. but I think if they would have released the camaro a year ago instead of teasing everyone and taking to long to make the car. and not bring the camaro out when the company is going into bankrupt they would probaly be in a better financial standings. i mean the ford mustang was in the same boat under cover when there were testing the car. when the production came the mustang was out before the camaro could even hit the production line. i saw he mustang before i saw the camaro and there were like 4 new mustangs and 1 camaro.
Had they brought it out before it was ready for prime time this forum would be nothing but quality complaints. Bringing out a "new car" takes a while and all things considered, they did it in record time.
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Old 05-14-2009, 08:30 PM   #14
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Had they brought it out before it was ready for prime time this forum would be nothing but quality complaints. Bringing out a "new car" takes a while and all things considered, they did it in record time.
If they would have had it in development back in the late 90's like they should have
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Old 05-14-2009, 08:30 PM   #15
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Dudes........It a helluva mess. GM is making money on the Camrao sales. They prepaid 2 billion dollars today to prepay parts suplliers so they wont shut them off prior to their filing chapter 11 on 6/1/09 which whty will do. They will build and sell the cars.
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Old 05-14-2009, 08:33 PM   #16
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Quote:
Originally Posted by Vole182 View Post
http://money.cnn.com/2009/05/14/news...ion=2009051416

GM is due soon to start notifying dealers of plan to cut 42% of network. Metro-area and suburban dealers to feel the deepest hit.

I am truly starting to lose the faith man, Just create the freaking preorders!

I read a license plate cover today on a mustang that said "The Muscle car that NEVER LEFT!" I really really dont want to see GM or the Camaro fail! I preordered the car I love the car but I dont want a car is the company goes under and I can't get parts for her as she starts to break down.

This is some fears that I have. Slap me straight if i'm wrong!

Anybody remember the Mustang II? Muscle car, I think not!
Keep the faith, we will get through this, but it won't be painless.
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Old 05-14-2009, 08:50 PM   #17
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Dudes........It a helluva mess. GM is making money on the Camrao sales. They prepaid 2 billion dollars today to prepay parts suplliers so they wont shut them off prior to their filing chapter 11 on 6/1/09 which whty will do. They will build and sell the cars.

thats awsome, but i just don't get why they are still losing money it's like very day the lose billions and billions of $$
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Old 05-14-2009, 08:58 PM   #18
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GM has more than double the dealerships as toyota does. They sell about the same number of cars. Fewer dealers means more profitable dealers who don't need to squeeze every penny out of every transaction to survive. The list of advantages of closing dealers is a mile long. As a consumer we will have more assurance of working with professionals in getting the deal done,and car serviced. Not to mention GM will be able to have better oversight of the dealers
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Old 05-14-2009, 09:04 PM   #19
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I'm still interested, but I want to see the dust settle before I order anything. Don't want to go to a dealer that is going to close.
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Old 05-14-2009, 09:11 PM   #20
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Sure would like to see the list! I guess tomorrow will have to do.
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Old 05-15-2009, 07:49 AM   #21
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GM has more than double the dealerships as toyota does. They sell about the same number of cars. Fewer dealers means more profitable dealers who don't need to squeeze every penny out of every transaction to survive. The list of advantages of closing dealers is a mile long. As a consumer we will have more assurance of working with professionals in getting the deal done,and car serviced. Not to mention GM will be able to have better oversight of the dealers
+1 They have been needing to do this for years....
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Old 05-15-2009, 08:32 AM   #22
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Gm, camaro and vette are here to stay for another 50+ years.
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Old 05-15-2009, 11:13 AM   #23
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Quote:
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This is some fears that I have. Slap me straight if i'm wrong!
*THWACK!!*



Quote:
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I really really dont want to see GM or the Camaro fail! I preordered the car I love the car but I dont want a car is the company goes under and I can't get parts for her as she starts to break down.
IF they file for Chapter 11 Bankruptcy protection (which is what I assume you're referring to), you won't have to worry about the above for a few reasons. Mainly: They're NOT going out of business. No matter what happens, that is an absolute. Whether you like it or not, they're too big to fail, and the gov't won't let that happen. So that means they will honor warrantys, and there WILL be parts available for repairs, etc.

Also, the US gov't is also honoring all GM and Chysler warrantys in a worst-case scenario.
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Old 05-15-2009, 03:11 PM   #24
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are they going to realeas a offical list of closures? chrysler did. they are closing abilenes jeep and chrysler dealer ship...now ppl will have to drive 3 hours to get a jeep or chrysler...i can see that for nice, expensve cars, but not those cars. abilenes not even THATTTT small of a metro area, like 150k - 200k
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Old 05-16-2009, 08:14 PM   #25
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I was just informed that many dealers in my area were handed yellow and red slips indicating GM's intentions. After reading the above article is seems true:

http://www.camaro5.com/forums/showthread.php?t=23105
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