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  4. GM files bankruptcy?

GM files bankruptcy?

Scheduled Pinned Locked Moved The Parking Lot
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  • wesholeW Offline
    wesholeW Offline
    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.

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    • ParkerP Offline
      ParkerP Offline
      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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      • wesholeW Offline
        wesholeW Offline
        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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        • NickBN Offline
          NickBN Offline
          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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          • wesholeW Offline
            wesholeW Offline
            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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            • 9 Offline
              9 Offline
              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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              • ParkerP Offline
                ParkerP Offline
                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
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                • SmitEvoS Offline
                  SmitEvoS Offline
                  SmitEvo
                  wrote on last edited by
                  #10

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

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                  • ? This user is from outside of this forum
                    ? This user is from outside of this forum
                    Guest
                    wrote on last edited by
                    #11

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

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                    • SmitEvoS Offline
                      SmitEvoS Offline
                      SmitEvo
                      wrote on last edited by
                      #12

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

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                      • ? This user is from outside of this forum
                        ? This user is from outside of this forum
                        Guest
                        wrote on last edited by
                        #13

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

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                        • jct_4628J Offline
                          jct_4628J Offline
                          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.

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                          • SmitEvoS Offline
                            SmitEvoS Offline
                            SmitEvo
                            wrote on last edited by
                            #15

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

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                            • J Offline
                              J Offline
                              Jared Balow
                              wrote on last edited by
                              #16

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

                              redrex

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                                ? This user is from outside of this forum
                                Guest
                                wrote on last edited by
                                #17

                                LS1 4th Gen F-Body > ANY DSM

                                Sorry just hate prejudice.

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                                • K Offline
                                  K Offline
                                  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.

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                                  • K Offline
                                    K Offline
                                    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.

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                                    • ? This user is from outside of this forum
                                      ? This user is from outside of this forum
                                      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.

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                                        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.

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                                        • TakeYourTopOffT Offline
                                          TakeYourTopOffT Offline
                                          TakeYourTopOff
                                          wrote on last edited by
                                          #22

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

                                          Actually chuck the GTO is based on a very VERY old chasy from overseas GM products and ride and handling sucks much less add in all the chasy flex, road noise all it has is horsepower

                                          cobalt is just another cheap car good for highschoolers and college students

                                          legacy image legacy image

                                          Personal Web Site

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