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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
    #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.

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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
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                    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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                                  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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                                      • 24valvenotak2 Offline
                                        24valvenotak2 Offline
                                        24valvenotak
                                        wrote on last edited by
                                        #23

                                        Bad93ex wrote:
                                        Their quality has risen within the last few years coming close to that of Japanese and European auto manufacturers.

                                        They had to raise the bar to compete with foreign companies-cost goes up. I think the only reason they are selling chryslers is because mercedes got on board? They redesigned their best selling cars into more expensive models and sales went down the pooper. Take a look at the grand am and grand prix. How many new c6's or whatever they are do you see running around? I have noticed one and that is only because my cousin drives it. I think it would be funny if GMC Chevrolet Cadillac Pontiac Dodge Jeep ect all left the fargo moorhead area leaving luther to inherit another monopoly.

                                        Getcher green hat, we are goin fishin.

                                        > 63vette;288530 wrote:
                                        > I dont know shit about building cars.

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                                          Guest
                                          wrote on last edited by
                                          #24

                                          TakeYourTopOff wrote:
                                          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

                                          Yes, the current GTO is based on the Holden Monaro (sp?) from Australia. GTO probably does have some flex in the chassis (schulzy, if you're reading this...DRINK), but nothing that can't be fixed in the aftermarket, they have successfully campaigned GTO's as drift cars you realize?

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