[camaro5]

Originally Posted by Dragoneye

Indeed. But bankruptcy does not mean "out of business". They will continue operations while in bankruptcy court.


See the link in my signature if you haven't been there already. This could be for a great many reasons, and most likely isn't tied to GM's troubles.


There was also the parts supply disruption to think about -- it's tough to build a car without parts. I'm not aware of any evidence stating that the Challenger's hold was due to the Bankruptcy filing, but I could be wrong...


I say buy it now, and wait. There's no reason not to, unless you (God forbid) lose your job or something bad like that.

Challenger production was stopped due to lack of parts from suppliers who did not get paid, and they don't know if they will be paid in the future.

Absolutely caused by bankruptcy chapter 11.

The bankruptcy judge had to approve expedited payment, rather than wait for the normal chapter 11 procedures which take 30-60 days minimum.

There will still be a delay in parts supply, until they get the cash, make the parts, ship them to Brampton.

I hope GM is learning from this, and is preparing to keep Camaro parts suppliers paid and content.

Originally Posted by 2010SSRSM6

As long as the current administration doesn't get its hook into auto industry, everything should be fine. IF they are sucessful and get a large stake in the company's, the Camaro and anything else that isn't "green" could be in serious trouble.

If it weren't for the current administration they would be chapter 7 - ALL DONE - NO MORE!

Originally Posted by Stevo

OK so the warranty for Chrysler and GM is good.

Now....I am offered a smokin' deal on a Chally R/T 6 sp for $28k ...do pull the trigger and and ride into the summer or do I sit here and wait ...staring at this glow box with the rest of you?

The warranties are backed by an insurance company that the CURRENT ADMINISTRATION has contracted to guarantee coverage.