Quote:
Originally Posted by GrnMchin
I have owned US car for a long time and am A GM die hard like most on this sight, but we are the few (GM loosing market shares to the Japans auto industry here in the US)) and I am not sure the rest of the US market would look at CH11 as favorable not to mention that most don't realize what CH11 has the potential to do. My fear is that it would only lead to CH7 and doom GM, not sure to many unknowns. The other half who are vested may sell off take the money and run before GM had the chance to recover dooming GM. Again unknown. I would like to believe that the share holder knows whats best, but again I could be wrong. I know when GM announced the end of Oldsmobile cars sat at the dealership here for about two years even at below cost.
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This will have to be one of GM's biggest jobs - educate the public. Market the products like never before and offer 7 to 10 year warranties which are government backed. There is a way to do this successfully.