Nuff said...

 

the wife needs a new vehicle, i wonder what kind of deals will be going on in the next couple weeks

 

I disagree with the body of your post. I have no idea what you're talking about. And no I'm not going to stray away from the Lounge to try to find out what you're talking about...

 

All those billions of bailout dollars to simply stall the inevitable.



ETA for Ford?

 

Time to buy GM stock... $.75 a share.....

 

FYI, it's not a "GM will be no more" kind of bankruptcy, it's a chapter 11 restructuring like chrysler did. Hopefully not too many of their suppliers will go out of business since they won't be out of work for long.

 

Bingo. They´ll continue to operate, hopefully streamlined and with their heads out of their *****.

BTW, I have no idea what happens to the stock with chap 11, don´t shareholders get wiped out?

 

the rumor is the 4 bill that gm took the other week was to pay off suppliers they owed money too so that when they file they don't get screwed and can continue to make parts during the restructuring.

it will be gone and completely worthless. Buying GM stock right now would be akin to literally flushing your money down the toilet.

 

I always assume that and once had stock in a company called spansion that was at .04 a share that filed for chap 11 protection. I bailed and it proceeded to shoot up to .30. The market drives me nuts sometimes.

Anyway, this hurts since my dad basically supported our family working for GM. So we always took a lot of pride in the company.

 

I guess GM filed, huh? That sucks.

 

We have a dealer here that actually bought MORE GM vehicles AND said that if they file for bankruptcy, it will NOT affect the prices.
This is also one of the highest priced dealerships around that loves to do the "best price" pricing so that they don't have to deal with anyone.

 

Oh that's good then. I don't know what i'd do if AC Delco went out of business. Who would make my intercooler and computer liquid cooling pump?

 

It'll be a good thing. As like as Chevy and Cadillac survive. I hon estly couldn't give two ***** about Saturn. Ugly, terrible vehicles. Hummer, was/is a brand for people with too much money and/or a small c*ck.

 

i find it shocking what has occurred in the past four months. gov't & unions become owners of GM, GM fails, fuel economy standards are single-handedly moved to unreasonable levels, auto manufacturers are powerless to do anything about it, and we get to foot the bill for bailouts of failing, unionized, once private-sector corporations. the fact that GM failed doesn't surprise me, the rest does; i did not ask for it, nor do i want to foot my $4-$7k portion of the bill.