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Old 11-02-2008, 07:57 PM   #14
stovt001


 
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Drives: 2006 Cobalt, 2004 Taurus wagon
Join Date: Oct 2007
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Quote:
Originally Posted by kanys View Post
Hmmm, well I was almost expecting this considering they are not completely desperate, but if the Traverse and Camaro do not sell well the first few months then they may be... Hopefully the Government will re-examine a bailout for GM if that does occur. However IMO GM definately has the good ideas and the good employees to make these ideas reality that I think they will come out just fine!
You can have all the great products you want, but the fact is that the entire auto market is down. No one is buying no matter how great the product is. Unfortunately, the market may not recover before GM's cash runs out and before the cost savings of the new union contract kick in. It is really impossible to say right now because it all depends on who gets elected to what offices. This isn't just about the President. Its about Congress, the courts, and who they all put in the top government posts.
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