Chevrolet Corvette Stingray C7 Forum - View Single Post - What if Bankruptcy.....will imports take over?

*DGthe3* · 12-15-2008, 03:07 PM

More can be done, its a question of how quickly it can be done, and how much it can cost. Dealers won't close up shop for free. GM can't simply stop making saturns, or GMC's or any other brand. Most of the 'wasted' money in rebadging goes into facelifts for the cars and a bit more tooling. That said, it is a waste to redesign two (or 3, or 4) cars to compete with each other.

Also, if GM can get a loan to restructure without going ch11, isn't that the best possible scenario for everyone involved (GM, workers, suppliers, government)?

12-15-2008, 03:07 PM	#14
DGthe3 Moderator.ca Drives: 05 Grand Am GT Join Date: Jul 2007 Location: Niagara, Canada Posts: 25,366	More can be done, its a question of how quickly it can be done, and how much it can cost. Dealers won't close up shop for free. GM can't simply stop making saturns, or GMC's or any other brand. Most of the 'wasted' money in rebadging goes into facelifts for the cars and a bit more tooling. That said, it is a waste to redesign two (or 3, or 4) cars to compete with each other. Also, if GM can get a loan to restructure without going ch11, isn't that the best possible scenario for everyone involved (GM, workers, suppliers, government)? __________________ Note, if I've gotten any facts wrong in the above, just ignore any points I made with them __________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!! __________________ Camaro Fest sub-forum