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View Poll Results: If GM "goes under", what will happen to Chevrolet?
Will be purchased by another domestic automaker
4
7.14%
Will be purchased by a foreign automaker
19
33.93%
Will go off on its own
22
39.29%
Will cease to exist
11
19.64%
Voters: 56. You may not vote on this poll

If GM "goes under"...

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Old Dec 8, 2008 | 02:26 PM
  #16  
guionM's Avatar
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Joined: Mar 2001
Posts: 13,713
From: The Golden State
Originally Posted by jg95z28
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.
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.
Old Dec 10, 2008 | 07:48 PM
  #17  
ForYourMalice's Avatar
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Joined: Jan 2008
Posts: 204
From: Filthydelphia, PA
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_T...to_Compete_Pic
Old Dec 10, 2008 | 08:14 PM
  #18  
Z28x's Avatar
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Joined: Jan 2000
Posts: 10,285
From: Albany, NY
Originally Posted by Eric Bryant
Not to put too fine of a point on it, but GM's debt exceeds the net worth of Warren Buffet.
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.
Old Dec 11, 2008 | 02:10 AM
  #19  
Eric Bryant's Avatar
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Joined: Aug 2001
Posts: 2,400
From: Michigan's left coast
Originally Posted by Z28x
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.
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