General Motors is Bankrupt

02-06-09

#16

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Semper foo

Re: General Motors is Bankrupt

Yes - it changes the whole equation. Like taking a loan from your Dad versus loan from the Bank !

Originally Posted by stonedsurd

What I worry most about is the fate of the sub-marques. What will happen to legendary brands like Holden, Pontiac, Caddy and all?

Oh, and Ford just issued this press release, hoping that the fact that GM is now 60% government will not change the field to suit Washington. Understandable concerns, to be sure.

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