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Old 03-10-2009, 08:40 PM   #1
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Interesting Chapt. 11 thought

You guys remember Nissan filed for Chapter 11 then ended up merging with Renault and cam back kickin ass and takin names. Do you think when the inevitable Chapt 11 happens GM will streamline and possibly merege and with who? A stripped Chrysler? Ford? A foreign company?
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Old 03-10-2009, 08:44 PM   #2
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If GM merges with anybody, it will be the federal government. Chrysler might be thrown in too but that won't be done to keep GM afloat but more of to preserve Chrysler's brands (Jeep) and at least some of the jobs.
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Old 03-10-2009, 08:45 PM   #3
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well I hope eventually the govt will back out.. no?
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Old 03-10-2009, 08:45 PM   #4
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except one thing. Im pretty sure Nissan Motors never went in to chapter 11 so.......
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Old 03-10-2009, 08:47 PM   #5
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I would say I'm for GM and Chrysler but, the Dic*kheads at Daimler own 20%, you know where I'm going with this ...

and Ford is doing very good right now, and still bent on not asking for aid from the gov. Why would ford agree to merge with a bunch of moochers like GM and Chrysler, I would of said Hell no
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Old 03-10-2009, 08:49 PM   #6
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Crysler should be forced under GM. Let Crysler do a van and truck and GM does sedans and xovers. If models don't move they either have to make a model that will or close.

Better to bite the bullet now and rebuild future again.

Ford I hope they can survive without taking bail out money.
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Old 03-10-2009, 08:49 PM   #7
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except one thing. Im pretty sure Nissan Motors never went in to chapter 11 so.......

Nissan has never filed chapter 11.

They had a cash flow issue, and merged with Renault.

CEO Carlos Ghosn pulled it all together.
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Old 03-10-2009, 08:50 PM   #8
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He might be thinking of Datsun?
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Old 03-10-2009, 08:51 PM   #9
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well I hope eventually the govt will back out.. no?
All of this remains to be seen. But in reality, they won't "merge" but if GM were to enter Ch. 11, the government would be forced to offer debtor in posession financing so that they could operate and reorganize. No private lender has the $$$ to do this kind of gargantuan task so the fed would have to take that role. That just means that the fed jumps to the front of the line in the order of who gets repaid first should GM become profitable again or file Ch 7 (in which case assets are liquidated to repay at least some of the debt). This is what you see happening right now with Circuit City.
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Old 03-10-2009, 08:54 PM   #10
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There is talk that FIAT is thinking to buy GM if anything happens. Imagine that.... A Ferrari Camaro SS... LOL
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Old 03-10-2009, 08:55 PM   #11
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If GM merges with anybody, it will be the federal government. Chrysler might be thrown in too but that won't be done to keep GM afloat but more of to preserve Chrysler's brands (Jeep) and at least some of the jobs.
i believe International bought the Jeep brand

http://www.jpmagazine.com/featuredve...eep/index.html
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Old 03-10-2009, 08:57 PM   #12
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I am pretty sure Nissan filed chapt 11 guys we discussed this at length on a Z forum a while back
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Old 03-10-2009, 09:01 PM   #13
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i believe International bought the Jeep brand

http://www.jpmagazine.com/featuredve...eep/index.html
That's rumor but I don't buy it. This line kills it for me...
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GM is killing Hummer. That's already been announced. They would GLADLY take Jeep (an extremely strong brand) over Hummer. GMC doesn't really compete with Jeep but certainly Dodge would. So selling that off I could see. But Jeep is the best thing Chrysler has. They could sell it off to raise cash but the reasoning behind it (competition) doesn't hold water. Talks of GM-Chrysler merger have been going on for years and it hasn't happened yet so we'll see.
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Old 03-10-2009, 09:06 PM   #14
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I am pretty sure Nissan filed chapt 11 guys we discussed this at length on a Z forum a while back
pretty sure no..... show me a source other than your z fourm that says that nissan has been in chap 11
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Old 03-10-2009, 09:10 PM   #15
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That's rumor but I don't buy it. This line kills it for me...

GM is killing Hummer. That's already been announced. They would GLADLY take Jeep (an extremely strong brand) over Hummer. GMC doesn't really compete with Jeep but certainly Dodge would. So selling that off I could see. But Jeep is the best thing Chrysler has. They could sell it off to raise cash but the reasoning behind it (competition) doesn't hold water. Talks of GM-Chrysler merger have been going on for years and it hasn't happened yet so we'll see.
it really doesnt bother me one way or the other. whatever helps GM in the long run.
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Old 03-11-2009, 11:50 AM   #16
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Do you think when the inevitable Chapt 11 happens...
Assumption much? So long as things stay relatively stable (which isn't saying much), economists predict the recession will start to lift at the end of this year...."inevitable". hmf!

(and fwiw, their products are kickin' ass and takin' names right now!)
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