GM bankrupt again?

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MarkZ28
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GM bankrupt again?

Post by MarkZ28 » Mon Aug 27, 2012 10:51 pm

http://www.forbes.com/sites/louiswoodhi ... tcy-again/

Stole this link off a thread on Yellowbullet. Appears Obamas bailout has flopped and if GM continues to lose market share they will be bankrupt by the end of his next term if he gets reelected. Apparently Mopar is doing better than expected, no news of them going under.

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Post by OMGWTFBODY » Mon Aug 27, 2012 11:17 pm

I don't buy it, yet. When CAFE hits, they'll be screwed
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Post by NoBoost » Mon Aug 27, 2012 11:19 pm

It's a surprise why?

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Post by Taco » Mon Aug 27, 2012 11:29 pm

Really...

I can't manage money for shit.

Somebody gives me money, I spend it.

If somebody gave me a SHIT TON of money. I'd spend that too.

By the end of the week, I'd be broke again

I am GM!
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Post by CMcCarthy » Tue Aug 28, 2012 12:50 am

That's a really good article.
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Post by jsm11 » Tue Aug 28, 2012 5:46 am

No surprises here..... GM = Government Motors

This time, when they fail..... They should remain closed.

Absolute bullshit.
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Post by 335iroc » Tue Aug 28, 2012 6:05 am

A new truck will run you almost as much as a new vette...... Their prices are outrageous.
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Post by OMGWTFBODY » Tue Aug 28, 2012 6:31 am

335iroc wrote:A new truck will run you almost as much as a new vette...... Their prices are outrageous.
Have you looked at Woody Anderson? :lol:

Also, prices on everything are absurd. Remember an 02 WS6 was something around 33,000.
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Post by Nemo » Tue Aug 28, 2012 6:42 am

That's why you buy a 2 year old truck for 2/3's the price. Derka Derka
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Post by awebb » Tue Aug 28, 2012 7:02 am

So the company that didn't learn anything from the last time they went bankrupt is going bankrupt again you say? EEEE Gadddd!!!

Wasn't there some decree from the Obamessiah, that all car companies in the US will have to get at least 40 MPG by the year 2012 or something?
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Post by Drewfus_'11SportWagon » Tue Aug 28, 2012 7:22 am

I'm 99% sure that I'll be buying the wifey a Passat TDI in the near future for the family car. I like everything that I've read about them.
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Post by Nemo » Tue Aug 28, 2012 7:29 am

B1M3R wrote:I'm 99% sure that I'll be buying the wifey a Passat TDI in the near future for the family car. I like everything that I've read about them.
Have fun working on them.
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Post by MarkZ28 » Tue Aug 28, 2012 8:16 am

More like have fun paying out the butt when the warranty expires. You will get to know your mechanic very well, especially the electrical stuff.

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Post by EvilZ » Tue Aug 28, 2012 8:54 am

Interesting read.
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Post by STeeL » Tue Aug 28, 2012 9:57 am

awebb wrote:Wasn't there some decree from the Obamessiah, that all car companies in the US will have to get at least 40 MPG by the year 2012 or something?
Or 34.1 by 2016.
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