[stovt001]

Even in the case of Ch. 7 its possible a buyer could buy "Camaro" as an asset and build it. As long as the public can be educated as to what Ch 11 means and could be assured warranties would still be honored and parts would still be available, Ch. 11 might produce some benefits to GM, like better dealer and supplier arrangements. This could potentially lead to industry-wide changes, perhaps even the ability to buy online direct from the manufacturer. Time will tell. As risky as Ch. 11 is, some of the possible benefits are very appealing. The big downside is the huge job losses, but the auto-industry as a whole is shrinking. Fewer cars will be bought in the future, so those jobs are questionable anyway.