View Single Post
Old 11-20-2008, 01:09 PM   #31
Rodrunner
Senior Member
 
Rodrunner's Avatar
 
Drives: 2010 SS/RS, '06 350Z
Join Date: Oct 2008
Location: So. Maryland
Posts: 2,326
I believe, whether the outcome is gov't loan or Chapter 11, GM will continue to exist and will continue to want to get this car into production ASAP.
Bankruptcy affords them, like anyone, protection from creditors, and allows them actions they otherwise couldn't take. But a resulting, almost certain downsizing might mean the dealership you ordered your Camaro from may not be in business too far down the road....in which case...I suppose the car would just be diverted to the next closest dealer for delivery.... so the drive home's a little longer - no big deal.
Chevydude26's post on this thread http://www.camaro5.com/forums/showth...t=9416&page=18 has a lot of interesting info about bankruptcy - it's not all gloom and doom, although I'm sure a lot of high paid corporate people at all 3 who might get axed under reorganization will tell you it's catastrophic!

A deal struck...not sure that makes me happy...i hope they don't blow this $ if they get it

2SS/RS Black/Black w-Cyber Gray stripes/Auto ordered-10/18/08
Rodrunner is offline   Reply With Quote