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Forum nameThe Pits v3.1
Topic subjectGM Bankruptcy
Topic URLhttps://forums.2gnt.com/dcboard.php?az=show_topic&forum=i60&topic_id=38962
38962, GM Bankruptcy
Posted by burntheblobs, Feb-15-09 09:27 PM
I can't believe no one has posted this yet. GM has announced that on Tuesday, when they have to talk with the government about what they've done with their bailout money, is going to ask the government for billions more in bailout money. If they don't get it they are filing Chapter 11. I can't wait to see what their stock prices look like tomorrow morning.
38963, RE: GM Bankruptcy
Posted by 740 turbo brick, Feb-15-09 10:54 PM
Wow. This should be good..
38964, RE: GM Bankruptcy
Posted by Nemo, Feb-15-09 11:07 PM
LOL! Fuck 'em. Detroit had plenty of years and chances to get with the program.
38968, RE: GM Bankruptcy
Posted by 992gnt, Feb-16-09 07:27 AM
There's no way in my mind that all 3 of the big 3 can emerge from this downturn. GM has made the worst business decisions, Chrysler has the worst product lineup, and Ford seems to be the only one that has a chance. Unfortunately, if/when any of them fail, the fallout will be HUGE.
38976, RE: GM Bankruptcy
Posted by VTECKILLER, Feb-16-09 07:47 PM
gm I couldnt believe it when I heard it I kind of seen dodge and Ford I always had faith lol #1 truck for years running and the only pony car still alive since the day it came out.
38987, RE: GM Bankruptcy
Posted by 96rs-t, Feb-17-09 10:39 PM
Originally posted by VTECKILLER
gm I couldnt believe it when I heard it I kind of seen dodge and Ford I always had faith lol #1 truck for years running and the only pony car still alive since the day it came out.


:scratch
38990, RE: GM Bankruptcy
Posted by RoninEclipse2G, Feb-18-09 05:16 PM
Originally posted by 96rs-t
Originally posted by VTECKILLER gm I couldnt believe it when I heard it I kind of seen dodge and Ford I always had faith lol #1 truck for years running and the only pony car still alive since the day it came out.
:scratch


yeah, that's how I feel every time I read one of his posts. :rolleyes
38993, RE: GM Bankruptcy
Posted by VTECKILLER, Feb-18-09 09:38 PM
Originally posted by RoninEclipse2G
Originally posted by 96rs-t
Originally posted by VTECKILLER gm I couldnt believe it when I heard it I kind of seen dodge and Ford I always had faith lol #1 truck for years running and the only pony car still alive since the day it came out.
:scratch
yeah, that's how I feel every time I read one of his posts. :rolleyes


hey me too lol :)
38994, RE: GM Bankruptcy
Posted by VTECKILLER, Feb-18-09 09:43 PM
So really anyone got something to say consering the topic ??

Everyones sales are down then Hyundai's are up 15% and Kia's 9% kind of crazy if you ask me. I always thought that I should work at a GM dealer bc I'd never run out of work lol.
38977, RE: GM Bankruptcy
Posted by slowmitsu, Feb-16-09 08:23 PM
Originally posted by 992gnt
Unfortunately, if/when any of them fail, the fallout will be HUGE.


This.
38996, RE: GM Bankruptcy
Posted by KaptainMyke, Feb-19-09 05:46 AM
I been playing Fallout 3 a lot lately. LOL