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05-30-2009, 04:03 PM
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#1 |
   
Drives: 1999 camaro rs Join Date: May 2008
Location: phoenix, arizona
Posts: 1,160
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Hey, not so fast buddy!
Ok yes i have ben off the site for a while. Only a few old members here know that me and my girlfriends family do not fuse with our car prefrences, im a chevy they are fords.
OK i haven't seen the news in about 2 weeks, and each time i go to my girlfriends house her dad keeps on blabbing on, on how chevy is going to be bankrupt in a few days and how ford is already the "leading" brand , which it most certainly is not, no offense. But i have been away from the news and he'sa news and politics man, a hardcore one. so any of you guys hereing this stuff on tv. I know chevy ain't going away i just want to be informed 
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05-30-2009, 04:07 PM
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#2 |
 
Drives: Black 2SS/RS Join Date: Mar 2009
Location: Fort Worth, Texas
Posts: 475
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Well..... they're filing Chapter 11 on June 1, but certainly not going anywhere
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Black/Black, 2SS/RS, Manual, and Polished 20's
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05-30-2009, 04:10 PM
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#3 |
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Camaro➎ moderator
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http://www.camaro5.com/forums/showthread.php?t=18950
They're filling chapter 11 but not going anywhere. It's just internal restructuring in order to meet their goals.
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05-30-2009, 04:14 PM
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#4 |
 Drives: 2010 Chevy Camaro Join Date: Mar 2009
Location: Lakeland, TN
Posts: 159
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If you can, watch CNBC all day Monday. They are following the events closely and devoting the majority of the day to GM. I would think that out of every talking head that they give TV time to on Monday, one of these poor fools will actually have good information.
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05-30-2009, 04:33 PM
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#5 |
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Drives: Black 2LT RS Auto 20" Polished Join Date: May 2009
Location: Southern Cali
Posts: 138
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I saw an article yesterday on Ford. They aren't doing so hot either and their suppliers are all having trouble.
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1100 = Preliminary Order: 05/26/09
Reorder with different dealer2000 = Accepted By GM:  Cant wait2500 = Preferenced: 3000 = Accepted By Production Control: 3100 = Sequenced: 3300 = Scheduled For Production:  3400 = Broadcast: 3800 = Produced:  4150 = Invoiced: 4200 = Shipped: 5000 = Delivered To Dealer: 6000 = Delivered To Customer:: |
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05-30-2009, 04:39 PM
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#6 |
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Drives: 2006 Chevy Avalanche Join Date: Aug 2008
Location: Gulf Coast of Texas
Posts: 386
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The only reason Ford is doing so well is that they already secured big loans to keep them going before the Bank Fiascos and the credit crunch. If GM could have gotten a loan they would have without going through all the government hoops.
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05-30-2009, 04:45 PM
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#7 |
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Camaro SL,UTs
Drives: 2010 Camaro SS/RS #16429 Join Date: Sep 2006
Location: South Jordan, UT
Posts: 7,357
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I'm a chevy man to the core. But let's face it. Ford won.
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05-30-2009, 04:51 PM
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#8 | |
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Camaro➎ moderator
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Quote:
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05-30-2009, 04:54 PM
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#9 |
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General Motors Aficionado
Drives: 2023 GMC Canyon, 2023 Expedition Join Date: Aug 2008
Location: Florida
Posts: 37,375
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Ford mortgaged the entire company, including the Blue Oval, in order to prevent needing federal loans.
And if the US market doesn't crack 9.5 million units this year, Ford has already stated that they'll need federal loans.
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 2023 GMC Canyon Elevation 2023 Ford Expedition SSV (State-Issued) |
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05-30-2009, 04:58 PM
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#10 | |
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Camaro➎ moderator
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Quote:
That's exactly what I was about to say. It's like you read my mind.
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05-30-2009, 05:00 PM
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#11 |
 Drives: 98 Saturn Join Date: May 2009
Location: Fargo, ND
Posts: 211
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^Too bad the general public doesn't know that. They see GM and Chysler file for Chapter 11 and associate them with failure.
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05-30-2009, 05:03 PM
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#12 |
 Drives: 2010 camaro on order Join Date: Feb 2009
Location: kansas
Posts: 61
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I think Ford will be filing too, jsut give them time. Price of fuel going up no one is going to buy a new car, they won't have the money coming in to pay there payments, they will ask the goverment for the money and they will force them in the same boat to make them all equal.
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05-31-2009, 01:24 AM
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#13 |
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Drives: 1999 camaro rs Join Date: May 2008
Location: phoenix, arizona
Posts: 1,160
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Ok so ford mortaged their entire company so if they need a loan it will be hard to reach fords hands. On the other side chevy just needs money and could reconstruct. Ford must sell to save their lives.
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05-31-2009, 01:25 AM
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#14 |
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Drives: 1999 camaro rs Join Date: May 2008
Location: phoenix, arizona
Posts: 1,160
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wait a minute milk u are a mod? wow i have been gone for a while huh
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