GM Will be out of business in 6-months

Discussion in 'OT Driven' started by sofakingraw, Oct 10, 2008.

  1. sofakingraw

    sofakingraw New Member

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    Mark my word, company will fold within the next six months.

    Bookmark this thread bitches, doomsday prediction.
     
  2. Steve

    Steve Pickin', Stickin', and Grinnin'

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    Not a chance.
     
  3. fuqxyu

    fuqxyu OT Supporter

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    "too big to fail..."
     
  4. CUCUY

    CUCUY OT Supporter

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    if it does, in for new H3-T (truck) with optional front and rear lockers :o
     
  5. TriShield

    TriShield Super Moderator® Super Moderator

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    -$57 billion shareholder value, not even worth a dollar per share.

    Too big not too fail.
     
  6. impulse_Z

    impulse_Z The Champagne of OTers ™

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    No, there will be another multi trillion dollar bailout before GM goes bankrupt :ugh:
     
  7. TriShield

    TriShield Super Moderator® Super Moderator

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    Firesale on some cool shit :eek3:
     
  8. idesofmarch

    idesofmarch New Member

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    didnt you get the memo, the government doesnt let business fail anymore
     
  9. sofakingraw

    sofakingraw New Member

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    GM found a way to fuck that up
     
  10. Helios

    Helios New Member

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    Isn't Chrysler about to go out?
     
  11. G.O.A.T.

    G.O.A.T.

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  12. sofakingraw

    sofakingraw New Member

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  13. JayC71

    JayC71 Guest

    Taxpayers will buy it. Free cars for every American!!



    Or not.
     
  14. TriShield

    TriShield Super Moderator® Super Moderator

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    All three are about to go out.
     
  15. Cock Diesel

    Cock Diesel New Member

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    Chrysler first (as a test subject/crash dummy), then GM. Ford escapes through dumb luck.
     
  16. maxxpower

    maxxpower OG Lauren Crew - Observer OT Supporter

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    this does not look good, but, I doubt our country(s) leaders will let this happen.
     
  17. sofakingraw

    sofakingraw New Member

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    How do you save a company that lost 31% of it's shareholder value in a single day?
     
  18. Simple

    Simple Sexy Beatch

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    i'll bet you it doesn't.
     
  19. Jake!

    Jake! Guest

    .
     
  20. TriShield

    TriShield Super Moderator® Super Moderator

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    Nuclear option.

    File for Chapter 11.
     
  21. squid

    squid braap

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    That would suck because I want an 09 Silverado Hybrid.
     
  22. TriShield

    TriShield Super Moderator® Super Moderator

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    We're going to find out the hard way.

    NADA forecasts over 500 dealers will go out of business in the next year.
     
  23. Hate Crime

    Hate Crime Don't Hate OT Supporter

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    serves them up for overpriced vehicles, piss poor gas mileage after 30 years of the same tech(dont give me emissions BS), and money hungry execs drove them to where they are. I don't feel sorry for any auto maker.
     
  24. Read more...

    Read more... SPQR

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    too big to fail

    chrysler on the other hand :mamoru:
     
  25. sofakingraw

    sofakingraw New Member

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    The dealers own the cars to my understanding, not the company. The dealers would be on the hook for the remaining inventory.

    Feel free to correct me if I am wrong here :hs:
     

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