NOT BAD!! GM ONLY HAS ENOUGH $ UNTIL END OF 08!! - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 33 Old 10-09-2008, 07:08 PM Thread Starter
 
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NOT BAD!! GM ONLY HAS ENOUGH $ UNTIL END OF 08!!

THEY COULD POSSIBLY CLOSE UP IF THEY CANT RAISE ANYMORE CAPITAL... SO I GUESS BUY THE CAMARO IF IT COMES OUT AND DONT PAY THEM BACK!! THIS WOULD BE A DISGRACE IF GM WERE TO CLOSE AFTER SO MANY YEARS BEING #1... I HOPE IT DOESN'T!!!
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post #2 of 33 Old 10-09-2008, 07:15 PM
 
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nah ford and dodge would close before chevrolet
expecialy dodge
they dont offer any good economy cars... as of right now
maybe soon
ford eh some good ones
i just really hope im right though
that would freaking suck..

Last edited by gdcod3player; 10-09-2008 at 07:17 PM.
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post #3 of 33 Old 10-09-2008, 07:16 PM
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post #4 of 33 Old 10-09-2008, 07:34 PM
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I just heard this on the news a few minutes ago. They said Chrysler would go under first and the GM has quiet a bit of foriegn stuff they could sale to raise money if they need to make it longer. They said the GM stock has almost dropped 47% this week.

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post #5 of 33 Old 10-09-2008, 08:00 PM
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This would be bad for everyone. Why does the government bail out Wall Street and not Automakers?

John

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post #6 of 33 Old 10-09-2008, 08:01 PM
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post #7 of 33 Old 10-09-2008, 08:05 PM
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BTW they have enough to make it 1-2 years in this enviroment.

There is a good chance Chrysler will be gone soon.

1998 Camaro A4 7.06 @ 96.5 MPH NA 1.47 best 60ft
2010 Camaro Tube Chassis work in progress
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post #8 of 33 Old 10-09-2008, 08:06 PM
 
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They can t sell too much of their foriegn assets because then they have no where to build the camaro.

AN CANADIAN REVOLTION /

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post #9 of 33 Old 10-09-2008, 08:08 PM
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I believe there is also fear of a capital gains and coporate tax being imposed. Driving fear in the market.

1998 Camaro A4 7.06 @ 96.5 MPH NA 1.47 best 60ft
2010 Camaro Tube Chassis work in progress
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post #10 of 33 Old 10-09-2008, 08:27 PM
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