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Old 05-15-2009, 11:24 PM   #10
DeathChill

 
Drives: 2010 Hyundai Genesis Coupe 2.0T
Join Date: Dec 2008
Location: Mission, BC
Posts: 862
Quote:
Originally Posted by DkknightX View Post
Actually, it won't create any wait time whatsoever. My wife and I visited my dealer lastnight and he confirmed this. Before June 1st, GM will assess inventory at all of the dealerships that are left and then shut down factories indefinitely. This does not apply for Year Model 2010 vehicles including the Camaro where there are fewer cars and alot more demand. The bankruptcy theory slowing down the Camaro will not have any affect on the Oshawa plant. This information is accurate and logical. GM will still be on the hook for some debt that bankruptcy will not protect them from, so if a car is in demand, that assembly line keeps moving.
It's not that they have to shut down the factories of popular cars (Camaro), it's that the suppliers will refuse to send the parts to build the cars. They aren't willing to send supplies to somebody who may not pay for them.
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