Quote:
Originally Posted by snsdiver72
The GM head honchos who attended had stated to assure all customers who ordered the camaro will get theirs real soon and nothing is going to happen with production during the bankruptcy and or possible shut downs of certain plants. In fact he stated the equinox and camaro will continue to be produced. Just what he told me so I thought I would pass it on to you all.
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Thanks for the information but he/they can't say that. Once a company declares bankruptcy, it's ability to make such decisions are greatly reduced. This is a result of a few things, namely parts suppliers demanding to be paid before supplying and stake holders submitting to the courts motion after motion after motion which can affect regular operations.
Everything from the plants, HQ building, GM name and brand names become "wards of the courts" and stakeholders have no plans to leave empty handed. In other news, Senior GM execs sold all their remaining shares on Friday......