GM to file Chapter 11

[Jacostang]

Here we go, down but hopefully not out....

http://uk.reuters.com/article/market...25572520090214

[CPViolation]

I hope not.
My age brand loyalty used to mean something.
Still, without GM, MOPAR and Ford there will not be the competition as it has been through the years.
I truly hope all three make it. I look forward to huffing, puffing and blowing the doors off that odd looking car named the 2010 Camaro.
Jeff

[maddme]

That would be a sad day in the automobile world if that truely happens.

[AZSonicSnake]

I hope not.
My age brand loyalty used to mean something.
Still, without GM, MOPAR and Ford there will not be the competition as it has been through the years.
I truly hope all three make it. I look forward to huffing, puffing and blowing the doors off that odd looking car named the 2010 Camaro.
Jeff

gotta agree whole heartedly with this post. good stuff man.

[Jacostang]

Makes ya feel really good about owning a Toyota, Nissan or a Honda....

[CPViolation]

Makes ya feel really good about owning a Toyota, Nissan or a Honda....

Considering Honda imports the parts from Japan and then are assembled in Marysville Ohio... I guess it keeps some folks employed.
Isn't Toyota's design center located in Long Beach California or somewhere close?
You can't blame the Japanese for being slick. GM execs showing up in Lear jets to beg for money strikes a nerve with me...
I've owned one Japanese car since I first got my license in 1971. 1983 Celica GTS. At 105 HP it was one of the faster cars on the road at a time when no one in their right mind would buy an American car.
The (Barf) K car started the ball rolling in the other direction..
There are no excuses this time.
The bean counters said build more Suburbans and Explorers.
Who can we point the finger at this time?
Jeff

[Torchmach]

Chapter 11 might be the best thing for GM. The bankruptcy Judge can direct them to trim alot of fat. I feel for the Workers though, there could be a big back and forth, with the Unions, working things out before GM emerges from Chapter 11.

[Bandit]

Makes ya feel really good about owning a Toyota, Nissan or a Honda....

I guess it's okay if you put an American flag in the back window...right?

[wickedcobra]

Yeah, I agree. It's time to break the union but it wont happen.

[HIKER]

Yeah, I agree. It's time to break the union but it wont happen.

+1.....