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Gm Going Out Of Business


dmjr77

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Posted
With the more recent bad news about GM. Do you think GM will go out of business?

 

If they DO NOT file for C11 bankruptcy, then yes, they will go out of business.

Posted
If they DO NOT file for C11 bankruptcy, then yes, they will go out of business.

 

I agree with this,I think its not a matter of if,but when there going to file.

Posted

GM will be here 5 and 10 years from now. Things may change a little during the coming Chapter 11 bankruptcy period but they will survive.

 

Have no fear! :fume:

Posted

:lol:

If they are willing to lick the boots of those in washington these days then they will get whatever they need to survive. If they do not want to be puppets on a sting then the future is not too good. And that goes for all auto manufacturers in the U.S. these days. None of them are immune. Just when sales are down to almost nothing our wonderful government wants to strap more and more burden on the auto industry.... what brilliant thinking... :fume:

Posted
GM will be here 5 and 10 years from now. Things may change a little during the coming Chapter 11 bankruptcy period but they will survive.

 

Have no fear! :fume:

 

:lol: You used the "C" word?!?!?! :lol:

 

 

:lol:

Posted
GM will be here 5 and 10 years from now. Things may change a little during the coming Chapter 11 bankruptcy period but they will survive.

 

Have no fear! :fume:

 

:lol: You used the "C" word?!?!?! :lol:

 

 

:lol:

 

That's funny Jeff... and I didn't even realize it!

 

Son of a.....

 

I hope we are right about the outcome.

Posted
GM will be here 5 and 10 years from now. Things may change a little during the coming Chapter 11 bankruptcy period but they will survive.

 

Have no fear! :lol:

 

+1 :fume: GM ain't going nowhere,They might not be the same "huge" car company they once were,But that might be a good thing!

Posted

I believe whatever paths they take, be it Chapter 11 or not, Gm will be here 10 years from now. Nobama cannot allow an American icon to fail that represents so many jobs during his presidency. If GM fails, after taking so much money from the "bail outs" it will represent the failure of his policies and be a stain.

Posted
Watch the obvious political statements or this thread will get closed up tighter than Jeff in spandex. :lol:

 

:fume: All joking aside, I heard about this on the radio at work yesterday. It's scarry, but imo, they'll file chapter 11. It is the only thing that really makes sense.

Posted

If GM files Chap 11 will they still have to honor warrantys? The reason I bring this topic up is that ALL the rules change once a company is under protection.

Posted
If GM files Chap 11 will they still have to honor warrantys? The reason I bring this topic up is that ALL the rules change once a company is under protection.

 

They will still honor them.

The biggest issue I'm afraid of.....Parts availability,Its bad right now with me getting certain parts,A lot of them are on backorder.

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