Quote:
Originally Posted by SummoneR
from what I understand GM plans to pay the Gov't. the money back...
And most likely GM will be stronger than ever pulling out of the dust of a BK...
If people would stop being ignorant thinking a BK will be the death of GM and run off and buy some other car and support GM they could pull through faster.
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I agree! Bankruptcy does not mean the end or death of GM. It will just help them to reorganize and come out cleaner on the other side. There are a lot of big companies that have filed and come out just fine.
Plus, in my opinion I think the government is going to do whatever they can to help GM survive. I mean that is going to look bad if one of the top american car manufacturers goes under. Again, just my humble opinion and some how or some way I think we would still have our warranties covered even if they did go out of business.
In another thread I had mentioned that the goverment will honor the warranties and someone responded saying "great goverment honored warranties", but I think that is better than nothing.
Hell, I don't know what's going to happen, but as long as I still have a job I am still buying my Camaro.
The way I look at it there is going to be more and more pressure to cut down on emissions in the years to come and I want to have fun in my V8 while I can!