Quote:
Originally Posted by Fandango
Camaro is coming whether or not GM goes bankrupt or not.
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Guys and girls, this is absolutely true. A company doesn't die and scrap everything that quickly, it tries to recoup as much money as possible before going under and it will sell the brand as a last resort to the highest bidder...etc.. Do not worry... A bankruptcy would allow for restructuring of the business and removal of a lot of overhead that goes into legacy costs. As for now, this is the worst case scenario and it doesn't look like it is going to happen since the automakers have other options in front including waiting for Obama to take office and asking him for help which he will gladly give for more Government control over the auto companies. There are multiple options and at the moment "panic" is not something they are seeing yet, if not Rick Waggoner would have taken the $1 a year salary in exchange for the bailout money to help his company..
Quote:
Originally Posted by rolnslo
And the panic starts...GM loses dealers...sales go down...GM can't sell enough to stay afloat because sales are down...Chapter7, here they come. God, I hope I am absolutely wrong here.  |
GM might lose some dealers and have to hire new workers etc.. However they will still hire new ones and allocate all those Camaro's to other dealers willing to stay open and cruise out the storm..