Quote:
Originally Posted by Hylton
They are selling less cars now then ever. They cannot pay existing debt and expenses with the current revenue they are generating. Either they get a huge cash infusion to service that debt/expense or they cut down the debt. How are they going to do that? They can't so only one alternative CH11. Like it or not, it's going to happen.
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Spoken as true fact? There are some great insider information about the restructuring of GM, maybe they could come here and let everyone answer the questions they are facing right now! Until bankruptsy or any other thing that is important actually happens to GM's survival, it is only speculation! Speaking opinions as truth is not the responsible or the wise thing to do, unless of course you like stirring! IMO