Chevrolet Corvette Stingray C7 Forum - View Single Post - Sources say GM to close plants up to nine weeks

Design1stCode2nd · 04-23-2009, 09:46 AM

GM is already facing a June 1 deadline. So unless the bond holders convert their equity and there are further concession by the UAW it's going to be chapt. 11 anyway so I'm more concerned about that than a closedown because of too much product.

04-23-2009, 09:46 AM	#37
Design1stCode2nd Drives: four wheels Join Date: Oct 2007 Location: usa Posts: 585	GM is already facing a June 1 deadline. So unless the bond holders convert their equity and there are further concession by the UAW it's going to be chapt. 11 anyway so I'm more concerned about that than a closedown because of too much product.