Bankrupt GM and disontinued 2010 Camaro - Page 7

GOLDDOG · 02-11-2009, 11:33 AM

From the beginning GM has not wanted to file chapter 11. If they are forced into it by the government, GM feels that no one will buy cars from a bankrupt automaker, thus thrusting them into Chapter 7 liquidation and the end of GM. Even if they go into Chpt 11, the products they are coming out with will get them thru the re-org. and Chpt. 7 will not even be a worry.

SWHCPA · 02-11-2009, 11:40 AM

Quote:

Originally Posted by TheCaptain

Isn't that the truth! We might have to burn the white house down... again.

I've got a torch ready. Let me know when we're going....

Georgie · 02-11-2009, 11:49 AM

you guys will get this car don't worry

PQ · 02-11-2009, 12:19 PM

Quote:

Originally Posted by Number 3

Alredy done. Wagoner working for $1. Other top execs 50% pay cuts. Rest of execs 10% cut.

Better see some tax reporting on that dollar.

Iroczlover · 02-11-2009, 05:20 PM

every one needs to just mellow out, if Settlmire sees this hes going to have a heartattack & man we dont want that, The poor man is alreay loosing all his hair lol

PQ · 02-11-2009, 08:59 PM

Quote:

Originally Posted by Iroczlover

every one needs to just mellow out, if Settlmire sees this hes going to have a heartattack & man we dont want that, The poor man is alreay loosing all his hair lol

Chaaaaaa Chiiiing. Send him my way.

Number 3 · 02-11-2009, 10:05 PM

Quote:

Originally Posted by irpq11

Better see some tax reporting on that dollar.

Oh dude, I laughed. Seriously. Thanks!!

One Mean Chevy · 02-11-2009, 10:38 PM

Quote:

Originally Posted by Number 3

Oh dude, I laughed. Seriously. Thanks!!

Sorry Off Topic but, Do you still have the Camaro?

jtaack · 02-11-2009, 10:57 PM

You're killing me IRPQ11!

LSX-80MM · 02-11-2009, 11:02 PM

Simma down now..I say simma down...simma simma down....lol

Number 3 · 02-12-2009, 02:08 PM

Quote:

Originally Posted by One Mean Chevy

Sorry Off Topic but, Do you still have the Camaro?

Yes still driving Number 3. 9,000 miles on the odo. Running like a champ. I have been giving others a chance to drive it overnight and they have all been very excited about the car. Swapped it for a Vette Monday and Tuesday. So all is well.

Should actually have it until June.

More CTF cars starting to show up at the Tech Center now so expect more SE Michigan sightings.

rmyers · 02-12-2009, 02:14 PM

Quote:

Originally Posted by irpq11

Calm down folks. They are talking about Chapter 11. This would mean that they restructure by force and have to pay the Gov. back first. Before anyone else gets money. They would never allow Chapter 7.

Stop fearmongering.

You'll get your Camaro. Be patient.

Just won't be good for their rating.

kdbolt70 · 02-12-2009, 02:47 PM

Quote:

Originally Posted by Number 3

Yes still driving Number 3. 9,000 miles on the odo. Running like a champ. I have been giving others a chance to drive it overnight and they have all been very excited about the car. Swapped it for a Vette Monday and Tuesday. So all is well.

Should actually have it until June.

More CTF cars starting to show up at the Tech Center now so expect more SE Michigan sightings.

I'm on the lookout! My dad used to have an office at the Tech Center so I'd get tours of the design studios often. Now he just works on the 37th floor in the RenCen (booooring

)

comiskeybum · 02-13-2009, 03:20 PM

Quote:

Originally Posted by 5th_GEN_SS

The financial troubles of the US auto industry have been known for some time... However Todays paper made the issue a bit more real.
and I am worried.

It stated that GM and Crysler may be forced into bankruptcy to assure the US gov is payed for the $17.4 billion dollars in loans they have recieved.

if federal officials do not come to an agreement to change thier position regarding payment, they have the option to force bankruptcy upon the automakers.

it says this wld be a condition of more bail out aid.
how wld aid help them if they are bankrupt?

if this were to happen what will happen to us?

maybe the GT500 isnt looking so bad...

time for all you guys to start converting over to Ford!!!

02-11-2009, 10:57 PM	#93
jtaack Drives: 2010 V6 2LT Imperial Blue Join Date: Jan 2009 Location: Wichita Falls, TX Posts: 144	You're killing me IRPQ11! __________________ Under aTaack!

02-11-2009, 11:02 PM	#94
LSX-80MM Ghostly Unknown Drives: Silver Ice 2010 SS/RS A6 Join Date: Oct 2008 Location: Glen St Mary,Fla. Posts: 483	Simma down now..I say simma down...simma simma down....lol __________________ TS416,GMPPLSX-LS3 6 Bolt Heads,Custom 80mmComp Turbo,ID850 Injectors, Lonnies Twin Pump Setup,Level 3 4L80E,DSS,3in Magnaflow Exhaust,CoolingMist Meth,RX Dual Catch Can,InnovateWB,Aeroforce Interceptor,AEM Truboost Controller,matte black CF5 Forgestars.700rwhp/712rwtrq

02-11-2009, 11:33 AM	#85
GOLDDOG Drives: 2010 2LT/RS & 08 JSB Corvette Join Date: Aug 2008 Location: Indiana Posts: 275	From the beginning GM has not wanted to file chapter 11. If they are forced into it by the government, GM feels that no one will buy cars from a bankrupt automaker, thus thrusting them into Chapter 7 liquidation and the end of GM. Even if they go into Chpt 11, the products they are coming out with will get them thru the re-org. and Chpt. 7 will not even be a worry.

02-11-2009, 11:49 AM	#87
Georgie Drives: Camaro... soon Join Date: Aug 2008 Location: Chicago Posts: 1,217	you guys will get this car don't worry

02-11-2009, 05:20 PM	#89
Iroczlover The Krazzy bytch Drives: Which car I have 9 vehicles? Join Date: Jun 2008 Location: Yelm, wa, Hell if I think about it to much Posts: 7,918	every one needs to just mellow out, if Settlmire sees this hes going to have a heartattack & man we dont want that, The poor man is alreay loosing all his hair lol