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#43 | |
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Supercharged
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"In international news today, a group of car enthusiasts simply known by the name Camaro5 stormed the GM Oshawa plant to take delivery of their cars. They left behind only a stack of papers, large amounts of cash, and tire marks in the holding lot." More at 11. |
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#44 | |
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Camaro Girl ~
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Makes total sense! Unfortunately! Waiting for my baby ~ Ordered: SS/RS||Silver Ice Metallic||black leather||sunroof
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#45 | |
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Proud Owner of the baddest Camaro ever built ZL1 |
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#46 |
![]() Drives: 2010 2SS/RS IOM Camaro Join Date: Jul 2008
Location: Cary, North Carolina USA
Posts: 480
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Intelligent thread
Makes logical sense to hold off on the cars till after formation of new GM - and realize a large influx of revenue - though it sucks for souls who preordered. Will be nice if ETA for my car shifts from Nov-Dec to Aug-Septembr IOM will look great in the fall !
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SSMAUG - IOM 2SS/RS/6M
Breathing Fire since October 8th 2009 ! |
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#47 |
![]() Drives: 2011 2SS RS Vert Join Date: May 2009
Location: Central Illinois
Posts: 621
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I would think that the secured creditors who have a lien on GMs car inventory would not lose out on that collateral after a BK, so dont see how holding cars until after the BK would be an advantage.
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2SS RS, Triple Black Vert, Manual, Hurst Shifter. American Racing Headers, Roto-Fab CAI
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#48 |
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When there is a commitment on product, it most likely will not be included in the total inventory before bankruptcy, but it's revenue can flow in if it is invoiced after bankruptcy. If it is marked as sold material, then it's revenue isn't earmarked with liens. If it was, then that merchandise would have to be moved and paid for before the bankruptcy. There are many ways around this and based on this theory, it is evident that contrary to what most want to think on here, GM is actually making the effort, every effort TO get us our cars. That is why suppliers have been prepaid, Oshawa won't close, and production is focused on the pre solds right now. Anyone can disagree if they want, but let's not waste the energy until more comes out in the next couple of weeks. Most sold orders could be built already and we don't know it.
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#49 |
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Horsepower Or Death
Drives: Savin for the 2SS Join Date: May 2009
Location: Home of the camaro! Oshawa, Ontario
Posts: 13
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Some people wow.... You would just complain if they slowed down and they do build them Right its sad you can just call them Out when you have never seen them work or have no clue what there job is like.
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On the Track the last thing you want to see is us!
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#50 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 00 Blazer Join Date: Aug 2008
Location: Texas
Posts: 5,100
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Yea it's not the workers fault the Skynet (robots) did orange peel on lot of cars.
Get rid of the robots and go back to humans shooting the paint then complain if it's QC. |
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#51 | |
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The Bowtie Is Back
Drives: 2010 Silver Camaro SS/RS -Blk Int. Join Date: May 2009
Location: Westchester County, NY
Posts: 655
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#52 |
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The Bowtie Is Back
Drives: 2010 Silver Camaro SS/RS -Blk Int. Join Date: May 2009
Location: Westchester County, NY
Posts: 655
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#53 | |
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Quote:
Yeah, I'd say the math is ......by the end of the third quarter
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#54 | |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: X-15 Velocipede Join Date: Mar 2008
Location: SW Florida
Posts: 4,630
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Quote:
Add Saturday, and you're at 440 per day times 6 = 2640 per week. the white period
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Go from the presence of a foolish man, when thou perceivest not in him the lips of knowledge
General Motors ASEP, A.S. Automotive Technology, Telecommunications Specialist, CISCO Network Engineer STANDARD DISCLAIMER camaro5 is furnishing this information "as is". camaro5 does not provide any warranty of the information whatsoever, whether express, implied, or statutory, including, but not limited to, any warranty of merchantability or fitness for a particular purpose or any warranty that the contents of the information will be error-free. |
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