Just a thought - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

softail02 · 05-29-2009, 11:00 AM

Hello,

Could it be possible that GM is holding out on the delivery of these Camaro's till after (if at all) they go through Bankruptcy. I don't have 100% understanding on the process but a couple of things are floating through my mind.
1. if they release 14,000 camaro before they file will the #'s will not help them
2. if they release them after if would make them look like Rock stars

Like I said I am not sure on how the Bankruptcy works and/or how the ordering process affect the books. Anyone with a better understanding please do tell I would be interested in knowing.

nards444 · 05-29-2009, 11:08 AM

million post if you do a search. But basically they are doing a Ch 11 like chyrsler. What is most commonly thought of is Ch8 i beleive which is when a business is closing they wipe all the debts and doors close. Ch. 11 is where the govt will sort out a companies debts and rule on how they should run their business. So to GM they wouldnt hold on to them for this reason, the faster they crank these out the more money they make right now.

05-29-2009, 11:00 AM	#1
softail02 Drives: 1969 RS/SS 1970 tubbed&blown Join Date: Oct 2008 Location: CT Posts: 5	Just a thought Hello, Could it be possible that GM is holding out on the delivery of these Camaro's till after (if at all) they go through Bankruptcy. I don't have 100% understanding on the process but a couple of things are floating through my mind. 1. if they release 14,000 camaro before they file will the #'s will not help them 2. if they release them after if would make them look like Rock stars Like I said I am not sure on how the Bankruptcy works and/or how the ordering process affect the books. Anyone with a better understanding please do tell I would be interested in knowing.

05-29-2009, 11:08 AM	#2
nards444 Drives: 1SS/RS Black Join Date: May 2009 Location: New york Posts: 2,123 View My Garage	million post if you do a search. But basically they are doing a Ch 11 like chyrsler. What is most commonly thought of is Ch8 i beleive which is when a business is closing they wipe all the debts and doors close. Ch. 11 is where the govt will sort out a companies debts and rule on how they should run their business. So to GM they wouldnt hold on to them for this reason, the faster they crank these out the more money they make right now. __________________ 2010 1SS/RS Black, CGM stripes, polished Rims, Tinted windows, Hurst shifter

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