05-02-2009, 12:42 PM | #1 |
Drives: 2010 Camaro 2LT/RS Join Date: Nov 2008
Location: Toronto
Posts: 280
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June 1st deadline for GM?
So what happens if GM goes bankrupt on June 1st? What happens to our orders?
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05-02-2009, 12:45 PM | #2 |
Drives: G5 Join Date: Apr 2009
Location: arlington
Posts: 33
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05-02-2009, 12:45 PM | #3 |
Booooosted.
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Probably nothing. The feds will back the warranties and they'll do some radical restrucuring.
The future of the Camaro might not look so good but they won't axe this car that quickly. You don't cut a money maker. |
05-02-2009, 12:47 PM | #4 |
Big Orange
Drives: 2010 Chevrolet Camaro 2SS/RS Join Date: May 2008
Location: Kent, WA
Posts: 1,170
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the amount of money they've put into tooling the oshawa plant... no way they can just shut it down.
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VIN: 2G1FT1EWXA9120523 ETA 7/6/09 (Delivered 7/10/09) |
05-02-2009, 12:48 PM | #5 |
Booooosted.
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Just a deadline for GM to show the feds more viability.
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05-02-2009, 12:52 PM | #6 |
Drives: 2000 Silverado Join Date: Apr 2009
Location: Southern WI
Posts: 1,241
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i don't think there's a bankrupcy judge alive that would allow a company filing to stop producing a moneymaker!
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05-02-2009, 12:54 PM | #7 |
Booooosted.
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It wouldn't shock me but you're right. No way they shut this down. I can tell you this though, the MINUTE it becomes stale, it gets axed. jmo
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05-02-2009, 12:55 PM | #8 |
Drives: 2010 Camaro 2LT/RS Join Date: Nov 2008
Location: Toronto
Posts: 280
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I knw GM will not disappear but look at Chrysler there plants have stooped producing cars until they restructure...Do you think this could happen to GM and the Oshawa plant..Meaning we'd have to wait even longer for our cars!!
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05-02-2009, 01:06 PM | #9 |
the UAW gave too much money to Obama, it will m\never happen
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05-02-2009, 01:07 PM | #10 |
Drives: 2010 Camaro 2LT/RS Join Date: Nov 2008
Location: Toronto
Posts: 280
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05-02-2009, 01:15 PM | #11 |
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nothing is gonna happen
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05-02-2009, 02:02 PM | #12 |
Pinholic
Drives: 11 Silverado, 08 Shelby GT500 Conv. Join Date: Nov 2008
Location: Macomb, Mi
Posts: 698
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If GM would give us our cars we could give them some money.
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Almost had a 2SS/RS, IOM, orange accent interior, 6 speed manual, sunroof & polished wheels
ordered 01/19/07 3000 - 2/27/09 3400 - 3/27/09 3800 - 4/17/09 (built and lost in the vortex) ship date ??????? (I gave up and got a GT500) 5/11/09 - order cancelled 5/27/09 - vehicle arrived at dealership for whoever bought it after me |
05-02-2009, 02:13 PM | #13 |
Drives: Camaro 2010 SIM Join Date: Nov 2008
Location: Louisiana
Posts: 348
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What happens to our orders? Ask the guys who ordered Challengers in Feb when they had Employee Pricing Plus offer (you could get an R/T with 6 speed for a cool $27k). The orders will not be filled becasue as of Monday the factory will shut down and suppliers will not send parts. See challengertalk.com
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05-02-2009, 02:13 PM | #14 |
Drives: 2016 Z06, 2015 Hellcat Challenger, Join Date: Mar 2009
Location: LONG ISLAND,NEW YORK
Posts: 658
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Stevo is right.
There is a very good chance that all production will stop until the bankruptcy is completed.......Just look at Chrysler as a test case..... No reason GM will be different IMO. The good news is that GM is looked at in more favor than Chrysler by the Govt.
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