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 GMC: Chapter 11

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Posts : 1026
Join date : 2009-02-24
Location : West Virginia

PostSubject: GMC: Chapter 11   Thu 28 May 2009, 8:59 pm

Well well well, looks like GMC has filed Chapter 11 bankruptcy. I think the two biggest auto makers that will make it through unscaved is of course Ford, and Toyota. I know I have said that it was the only way the big auto companies would learn to quit spending their profits on fancy offices and private jets, but I think the fact that new cars won't be Chevy for a while might be a nail in the coffin..

I think that Chrysler is next to through in the towel, which sucks.

Anyone want to just guess what will happen to all those Chevy/GMC parts?
Can anyone say the price of gold? lol!
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Posts : 1123
Join date : 2009-02-24
Age : 25
Location : michigan

PostSubject: Re: GMC: Chapter 11   Thu 28 May 2009, 9:21 pm

Well all i can say is good riddance lol!

But seriously with all the people employed by them this is not good.
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Posts : 1226
Join date : 2009-03-02
Age : 51
Location : MA

PostSubject: Re: GMC: Chapter 11   Thu 28 May 2009, 9:31 pm

They will come out of it smelling like a rose don't worry about them its us taxpayers that are going to get*&*&^^%
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