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Old 02-10-2009, 11:39 PM   #40
StoutFiles
 
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Quote:
Chapter 11 has been a serious consideration for GM for over a year now. While it would have made business sense, Wagner and the board have been steadfast against it because of the fear of loosing even more sales due to the "stigma" the general public would have about buying a car from a "bankrupt" company.
Exactly. It wouldn't stop Camaro production but it would hurt sales.
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