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Originally Posted by GatorB
Um GM isn't going under. They filed Chapter 11 not 7. LEARN. They'll be out of bankruptcy in 60-90 days like Chrysler. In the end this is no big deal. Remember after 9-11 when all the airlines went bankrupt? Can you still fly? yep.
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Chrysler didn't close a shitload of dealerships like GM has. Here in our town alone they're closing 2 outta 3.
I don't think GM's chapter 11 is gonna go the same route as Chrysler. For starters, GM doesn't have a Lee Iacoca ready to ride in and save the day.