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  4. GM files bankruptcy?
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GM files bankruptcy?

Scheduled Pinned Locked Moved The Parking Lot
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  • PhatsP
    PhatsP
    Phats
    wrote on last edited by
    #2

    I had heard this too.......Kinda follows a disturbing trend, airlines and auto manufacturers are all beingforced to go bankrupt.........some forcing their employess to strike.....it's all a Gov't Conspiracy (spelling?)

    02 GSXR-1000
    97 540i

    1 Reply Last reply
    0
    • wesholeW
      wesholeW
      weshole
      wrote on last edited by
      #3

      I do know that one of their own companies (DELPHI) is filing bankruptcy so I wouldn't be suprised if GM followed suit.

      1 Reply Last reply
      0
      • ParkerP
        ParkerP
        Parker
        wrote on last edited by
        #4

        it dosent look to good when a company starts selling there stock in other companies for no reason.....

        10 Jeep
        10 F450
        08 F250
        05 F350
        86 rx7
        70 F100
        63 Olds

        BlueSRT0483;244555 wrote:
        As proven by Parker... Not everything you read on the internet is true.
        Trafik Jamz;260984 wrote:
        You are right Parker.

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        0
        • wesholeW
          wesholeW
          weshole
          wrote on last edited by
          #5

          I really don't believe that GM themselves will file chapter 13. There's a good write up on it here. http://www.bloomberg.com/apps/news?pid=syndmedia_news&sid=ae.htNGLuXFc&refer=syndmedia%0A%09%09

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          0
          • NickBN
            NickBN
            NickB
            wrote on last edited by
            #6

            Their sales over the last few years have slipped, I'm almost positive in due time they will file bankruptcy..

            No one these can compete with Honda, Toyota, or Hyundai..


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            0
            • wesholeW
              wesholeW
              weshole
              wrote on last edited by
              #7

              All, and I mean ALL car companies have slipped in sales. Ford has taken a bigger hit than anybody. Toyota has taken less of a hit than all the rest and is projected to surpass GM as being the Global leader in about the year 2007. But even they still have taken a hit in sales.

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              0
              • 9
                9
                95TsiAWD
                wrote on last edited by
                #8

                I have read chrysler is doing just fine tho...

                95 TSi AWD
                Old Turbo #'s
                522whp/414wtq
                [email protected]
                11.3@129mph

                Procharged 99 Corvette

                95 LS6 Mustang

                01 300m

                06 Suzuki LTR-450

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                0
                • ParkerP
                  ParkerP
                  Parker
                  wrote on last edited by
                  #9

                  weshole wrote:
                  All, and I mean ALL car companies have slipped in sales. Ford has taken a bigger hit than anybody. Toyota has taken less of a hit than all the rest and is projected to surpass GM as being the Global leader in about the year 2007. But even they still have taken a hit in sales.
                  actually i believe GM has taken the biggest hit. thus the selling of there stock in Subaru. why do you think that they have been draging the employee discount on all summer long..... nobody has been buying GM cars/trucks

                  10 Jeep
                  10 F450
                  08 F250
                  05 F350
                  86 rx7
                  70 F100
                  63 Olds

                  BlueSRT0483;244555 wrote:
                  As proven by Parker... Not everything you read on the internet is true.
                  Trafik Jamz;260984 wrote:
                  You are right Parker.

                  1 Reply Last reply
                  0
                  • SmitEvoS
                    SmitEvoS
                    SmitEvo
                    wrote on last edited by
                    #10

                    Who would even want a gm vehicle these days? hahah......

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                    0
                    • ?
                      ?
                      Guest
                      wrote on last edited by
                      #11

                      I dunno, the Cobalt SS and GTO wouldn't be all bad.

                      1 Reply Last reply
                      0
                      • SmitEvoS
                        SmitEvoS
                        SmitEvo
                        wrote on last edited by
                        #12

                        Wouldnt be my first choices..........

                        1 Reply Last reply
                        0
                        • ?
                          ?
                          Guest
                          wrote on last edited by
                          #13

                          well, themand corvette....but I figured Vette was a given.

                          1 Reply Last reply
                          0
                          • jct_4628J
                            jct_4628J
                            jct_4628
                            wrote on last edited by
                            #14

                            so if they do this, will they dissapear, or just restructure their debt and shit

                            Jason
                            -06 WRX
                            -95 CBR 600F3
                            701-541-2568

                            We've come to the point where no extraordinary preformance can occur without the presumption that someone has cheated.

                            1 Reply Last reply
                            0
                            • SmitEvoS
                              SmitEvoS
                              SmitEvo
                              wrote on last edited by
                              #15

                              but if you were to spend the money, would you buy a gm?

                              1 Reply Last reply
                              0
                              • J
                                J
                                Jared Balow
                                wrote on last edited by
                                #16

                                the only good gm is trucks, but with gas prices.

                                redrex

                                1 Reply Last reply
                                0
                                • ?
                                  ?
                                  Guest
                                  wrote on last edited by
                                  #17

                                  LS1 4th Gen F-Body > ANY DSM

                                  Sorry just hate prejudice.

                                  1 Reply Last reply
                                  0
                                  • K
                                    K
                                    KA-T_240
                                    wrote on last edited by
                                    #18

                                    GM would probably be somewhere better if they did not keep on this new thing with the overpriced ssr and ugly hhr

                                    PM me for:
                                    Sandblasting(I use glass beads)
                                    Diesel repairs or performance products.

                                    1 Reply Last reply
                                    0
                                    • K
                                      K
                                      KA-T_240
                                      wrote on last edited by
                                      #19

                                      Bad93ex wrote:
                                      LS1 4th Gen F-Body > ANY DSM

                                      Sorry just hate prejudice.

                                      just me or didn't the ls1 come in 98 and isn't that the 5th gen

                                      PM me for:
                                      Sandblasting(I use glass beads)
                                      Diesel repairs or performance products.

                                      1 Reply Last reply
                                      0
                                      • ?
                                        ?
                                        Guest
                                        wrote on last edited by
                                        #20

                                        97jeep wrote:
                                        GM would probably be somewhere better if they did not keep on this new thing with the overpriced ssr and ugly hhr
                                        Their quality has risen within the last few years coming close to that of Japanese and European auto manufacturers.

                                        1 Reply Last reply
                                        0
                                        • ?
                                          ?
                                          Guest
                                          wrote on last edited by
                                          #21

                                          97jeep wrote:
                                          just me or didn't the ls1 come in 98 and isn't that the 5th gen
                                          Still considered the 4th gen.

                                          1 Reply Last reply
                                          0

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