If GM "goes under"...

what do you think will happen to Chevrolet?

They will be bought, hopefully by an American company.

Some Chinese company was showing interest in GM :( Let's hope it doesn't come down to that.

No American car company has the money to buy GM or just Chevrolet for that matter. It would almost have to be a foreign company. I don't think they will go away though. Either the government will bail them out or they will go into bankruptcy protection and become stronger after restructering.

Either GM gets the loan, or they get liquidated.

Will be purchased by Daewoo, who is already established as Chevrolet worldwide.

...I will vomit uncontrolably!!

I got my fingers crossed for Warren Buffet to buy then for $1B

I voted "cease to exist" because the most likely option wasn't listed.

GM won't be purchased by a foreign automaker. Parts of GM, yes. The whole thing, extremely doubtful.

I think GM's most likely scenario is that the core of the company might be purchased by an entity that want's GM's market network so much it isn't very concerned about GM's potential liabilities. That spells China.

I can realistically see GM selling off more than Saab, Hummer, and Saturn. But the problem is that no one's lending so no one's buying. The only ones who are are in countries that are immune to the current economic downturn. China & India.

There isn't a billionaire around that is (or can) invest in GM enough to save it. Even if they could, they won't. Reason? GM's in serious debt. If the company goes under, other people will be in line to get liquidation money first. If the government loans GM money & GM fails, taxpayers will be the 1st to get their money back.



Honestly, after all that's happened, I believe GM will pull through this. I'm not saying this blindly as some GM enthusiasts are, and I'm not whistling in the dark as the rest of GM enthusiasts are. Just looking at the way things are going, and what GM has to offer.

GM's problem has been, and always has been it's bureacracy. The company has a big, big problem simply making a damn decision. GM studies things utterly to death, then doesn't lift a finger on putting a product on the market till someone else does it first and proves the market exists. GM also isn't exactly the quickest company to react to market changes.

In a way, the new Chevrolet Camaro represents both the best and worse of GM. It took forever to get to the point when one could even get approved, but once they did approve one, it was developed very quickly, it's turned out to be an overachiever if a bit late to the party.

I voted "cease to exist" because the most likely option wasn't listed.

GM won't be purchased by a foreign automaker. Parts of GM, yes. The whole thing, extremely doubtful.


GuionM,

The poll is asking what will happen to Chevrolet, not GM as a whole. :)

GuionM,

The poll is asking what will happen to Chevrolet, not GM as a whole. :)

Chevrolet is GM.

With something like almost 3/4 of all North America's GM production, you simply can't separate the 2. :no:

I got my fingers crossed for Warren Buffet to buy then for $1B

Not to put too fine of a point on it, but GM's debt exceeds the net worth of Warren Buffet.

Not to put too fine of a point on it, but GM's debt exceeds the net worth of Warren Buffet.

If GM is purchased out of bankruptcy the assets will be separated from the debts of the company. The new buyer will not have to worry about GM's debts.

Chevrolet is GM.

With something like almost 3/4 of all North America's GM production, you simply can't separate the 2. :no:x2.

Whatever happens I don't see Chevrolet and Cadillac not surviving in some form. Personally those are the only two GM brands I would ever consider owning so as long as Chevy and Caddy survive, I'll be happy. :p

If GM is purchased out of bankruptcy the assets will be separated from the debts of the company. The new buyer will not have to worry about GM's debts.

Correct - but then it's highly likely that GM would no longer exist as we know it.

x2.

Whatever happens I don't see Chevrolet and Cadillac not surviving in some form. Personally those are the only two GM brands I would ever consider owning so as long as Chevy and Caddy survive, I'll be happy. :p

Chevrolet isn't going anywhere. Even though GM will sell everything else (the latest is GM is that planning to sell a parts division), GM simply won't sell Chevrolet.

If one wants to look at things, Cadillac is the only fully independent division that could be sold as a unit (it's own platform...Sigma..., it's own factory, a global-ready line), and would be of high intrest to a foreign investor. But the only way I believe GM would sell it is if it's part of a liquidation.

Buick can easily be bought by GM's co-producer in China, who could then export vehicles to the US and use an established dealer network. Saturn's only unique car (the Sky) is sold in Europe and may soon wind up under Holden as well.

But again, Chevrolet is GM. If one wants to wonder what will happen to Chevrolet if GM goes bankrupt, the question is really what will happen to GM if GM goes bankrupt.... you can't separate them.

Granted - GM has been making solid product for a few years now. But its funny because its true.

http://digg.com/autos/Were_The_Big_Three_We_Dont_Need_to_Compete_Pic

Not to put too fine of a point on it, but GM's debt exceeds the net worth of Warren Buffet.

:lol: I also think he could find better investment.

Although speaking of GM building rail cars (from the other thread) Buffet did recently buy a lot of rail company stocks and a company that builds box cars.

Although speaking of GM building rail cars (from the other thread) Buffet did recently buy a lot of rail company stocks and a company that builds box cars.

Interestingly enough, EMD (the company that was spun-off from GM's divesture of its Electro-Motive Division) is partially held by a company called Berkshire Partners - no relation to Buffett's Berkshire Hathaway, though.