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View Full Version : Government Motors (GM) to file bankruptcy tomorrow...


Okla-homey
5/31/2009, 08:18 AM
following Chrysler's lead.

Leaving Ford alone among domestic automakers somewhat in control of its own destiny.

discuss.

:pop:
Veritas
5/31/2009, 08:56 AM
Sure am glad we spent billions of dollars to keep them alive for six months. That was so worth it.
Okla-homey
5/31/2009, 09:11 AM
I took my Jeep in for some warranty work last week. It was kinda wierd knowing that I, as a taxpayer, helped cover the cost of the repair. It was also wierd to realize that my warranty, a contract between Chrysler and me, was technically stayed as a result of Chrysler's bankruptcy filing, yet my dealer took care of it on the strength of the gubmint's promise to back said warranty.

these are strange days friends.
Soonerus
5/31/2009, 09:14 AM
Once bkry is filed srew the dealers who have been terminated...they will have no remedies except unsecured claims in bkry...worthless...
reevie
5/31/2009, 09:31 AM
Obama's gonna give us free cars! Seeing as to how we've already bought them.
picasso
5/31/2009, 10:34 AM
Obama's gonna give us free cars! Seeing as to how we've already bought them.

or at least help us pay the bill for 9 months or so.


country is going into the crapper.
King Crimson
5/31/2009, 10:50 AM
Obama will finally deliver the flying cars we were promised as kids.
MR2-Sooner86
5/31/2009, 11:41 AM
Sadly doesn't affect me and my Toyota. However, if I had my last car it still wouldn't affect me, I was smart and had a Mustang ;)
TUSooner
6/1/2009, 04:11 PM
Two historical events come immediately to mind that I have seen in my life that I thought I'd never see:
The fall of the Berlin Wall (good)
GM in bankruptcy (?)

It's just a dad-gum shame we taxpayers are paying for the errors of free market bunglers.
OU4LIFE
6/2/2009, 05:47 AM
Just one more reason to buy a Ford. At least they took the lead here and restructured several years ago to avoid this.

From what i heard, wasn't Toyota asking for a bailout from their gubment?
picasso
6/2/2009, 08:12 AM
There's never a good reason to buy a Ford.
OU4LIFE
6/2/2009, 08:19 AM
There's never a good reason to buy a Ford.

not all of us can afford a 1967 VW bus, hippie painter.

I laugh at your bankrupt car company that thought they could compete with Henry. You had a nice run, but in the end you are just like texas....a few people think you are the 2nd coming, but most people understand the real history and know you're a poser.

I humbly submit to you the single greatest production car ever built:

http://www.mustangspecs.com/boss/pics/69boss4291.jpg
stoops the eternal pimp
6/2/2009, 08:22 AM
werd...The only thing I've bought in the last 10 years is ford and acura
badger
6/2/2009, 08:26 AM
All I can ever buy is used... so all of you new car havers better take good care of 'em, cuz I might be its next owner :D
OUDoc
6/2/2009, 08:31 AM
I humbly submit to you the single greatest production car ever built:

http://www.mustangspecs.com/boss/pics/69boss4291.jpg

As long as you don't need to turn, I might agree.