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Old 05-28-2009, 08:38 AM   #1
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If GM goes into bankruptcy Monday will all Camaro production stop?

I have heard that if GM goes into bankruptcy soon (Monday?) that all production lines will cease producing cars and all will be shut down includng Camaros in Canada. Any other views out there?
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Old 05-28-2009, 08:41 AM   #2
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Only time will tell. I don't think so but nobody knows. Somebody knows but nobody's talking.
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Old 05-28-2009, 08:42 AM   #3
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Lord i hope not, Well atleast until after i get mine
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Old 05-28-2009, 08:43 AM   #4
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Yeah I guess the only thing to do is wait and see what happens....
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Old 05-28-2009, 08:44 AM   #5
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say it aint so!!!!
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Old 05-28-2009, 08:46 AM   #6
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Im sure that some of their lines will stop and other will go into a temp shut down / slow down...

I would highly doubt will all the orders they have to fill for the Camaro that it would be one of those. They've stated numerous times that the Camaro line would be one of the very last to be effected by anything.


PS, "I have heard that if GM goes into bankruptcy" is how rumors start... so and so heard.. well ya so and so heard...
State your sources plz.
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Old 05-28-2009, 08:48 AM   #7
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I would think that they need money and with this car being their number 1 in demand currently, they will want to get our orders out. No cars=No money and that isn't exactly a good thing for them.
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Old 05-28-2009, 08:52 AM   #8
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STOP allready. Chapter 7 yeah sure. If I was a Bankruptcy Judge I would PENALIZE GM for shuting down the Oshawa line. The idea is to profit from the work.
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Old 05-28-2009, 08:54 AM   #9
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irpq11,

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Old 05-28-2009, 08:54 AM   #10
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No. They will be operating under Ch11 just as Chrysler is now.
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Old 05-28-2009, 08:55 AM   #11
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Quote:
Originally Posted by UCF w00t View Post
No. They will be operating under Ch11 just as Chrysler is now.
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Old 05-28-2009, 09:04 AM   #12
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Wait a minute. To affect the Oshawa line wouldn't they have to file in Canada as well? I'm not sure any looming filing extends beyond GM USA.

No expert though. I could be wrong.

Paul
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Old 05-28-2009, 09:33 AM   #13
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Quote:
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No. They will be operating under Ch11 just as Chrysler is now.
Chrysler is not building squat right now.
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Old 05-28-2009, 09:55 AM   #14
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Dakota Kid is right. Chrysler did shut down most of their manufacturing operations.
Everything I've read says that they will not shut down production, but anything can happen. Just like they were running Saturn Commercials saying "we aren't going anywhere". At that time they technically weren't going anywhere, but it was all but confirmed that they were getting sold off and or shutdown.

http://www.autoobserver.com/2009/04/...delli-out.html
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