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05-28-2009, 07:02 PM
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#1
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Join Date: Jul 2005
Location: Sicklerville
Posts: 530
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Internet Says
That GM is filing for bankruptcy on Monday.
http://jalopnik.com/5272285/report-g...ptcy-on-monday
So far Jalopnik hasn't been wrong.
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Thats cute, my grandma really likes her civic too
No longer and F-Body owner.
1994 Z28 LT1 A4 - Sold
1991 RS TBI M5 - Sold
1975 Stingray M4 - New Toy
2008 Impreza 2.5i M5 DD
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05-28-2009, 07:05 PM
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#2
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
Posts: 12,573
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Quote:
Originally Posted by jin1481
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Fixed.
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05-28-2009, 08:07 PM
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#3
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Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
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Good, let them fail. At least the government got paid back(supposedly).
Let them file and hopefully restructure in a way they can tell Obama and Congress to F themselves. Unfortunately the UAW is still getting a stake in the company 
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2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler
2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
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05-28-2009, 08:07 PM
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#4
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Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
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Thank you for fixing it.
Bankrupt and Bankruptcy protection are two very differnt avenues. Problem is that Americans dont know the difference, which in turn means that Americans will not bother to try process the difference, and just assume that any and all GM product are garbage and not to buy it.
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2/20/2013: They Day the ****s Stopped
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05-28-2009, 08:10 PM
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#5
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Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
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Quote:
Originally Posted by BigAls87Z28
Thank you for fixing it.
Bankrupt and Bankruptcy protection are two very differnt avenues. Problem is that Americans dont know the difference, which in turn means that Americans will not bother to try process the difference, and just assume that any and all GM product are garbage and not to buy it.
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I hang around Yahoo Answers for good laughs now and again and I can't tell you how many people ask "Is it safe to buy GM"? or "OMG I haz Pontiac, wat does I do"?
People are SO scared of touching GM right now, not because of their belief in their products(or lack thereof) but the fear of bankruptcy. The media is doing NOTHING to educate potential buyers that it's still safe to buy GM vehicles.
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2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler
2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
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05-28-2009, 09:12 PM
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#6
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Join Date: Sep 2004
Location: Haledon, NJ
Posts: 5,162
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Quote:
Originally Posted by BigAls87Z28
Thank you for fixing it.
Bankrupt and Bankruptcy protection are two very differnt avenues. Problem is that Americans dont know the difference, which in turn means that Americans will not bother to try process the difference, and just assume that any and all GM product are garbage and not to buy it.
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so true, things are going to get worse when they really shouldn't
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1989 IROC-Z 355 LT1 T56 Swapped
2016 Chevy Colorado LT 3.6 v6
2008 Jeep Grand Cherokee Laredo 4.7L RIP 12/29/2016
1998 Honda CBR 600F3
2003 Yamaha FX140
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05-28-2009, 09:25 PM
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#7
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Admin.
Join Date: Aug 2005
Location: Hamilton, NJ
Posts: 20,170
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Quote:
Originally Posted by Frosty
Good, let them fail. At least the government got paid back(supposedly).
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from what I read today not the first billions under the bush admin. and technically not OB $ either, until the stock they get is sold - right now it is unrealized gain. if I read it right.
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Vent Windows Forever!
The looser the waistband, the deeper the quicksand. Or so I have read.
Feather-light suspension, Konis just couldn't hold. I'm so glad I took a look inside your showroom doors.
Hey everybody, it's good to have you on the Baba-too-da-ba-too-ba-ba-buh-doo-ga-ga-bop-a-dop
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05-28-2009, 09:29 PM
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#8
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Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
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Quote:
Originally Posted by BonzoHansen
from what I read today not the first billions under the bush admin. and technically not OB $ either, until the stock they get is sold - right now it is unrealized gain. if I read it right.
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I thought the money they were saving in the pension deal was going to Uncle Sam to pay back the loans? I might have read it completely wrong so you might be right.
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2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler
2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
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05-28-2009, 09:42 PM
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#9
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Admin.
Join Date: Aug 2005
Location: Hamilton, NJ
Posts: 20,170
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i'll read more tomorrow.
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Vent Windows Forever!
The looser the waistband, the deeper the quicksand. Or so I have read.
Feather-light suspension, Konis just couldn't hold. I'm so glad I took a look inside your showroom doors.
Hey everybody, it's good to have you on the Baba-too-da-ba-too-ba-ba-buh-doo-ga-ga-bop-a-dop
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05-28-2009, 09:51 PM
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#10
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Join Date: Aug 2007
Location: Long Branch NJ
Posts: 706
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If they are still around when im done with brookdale i was planning on buying a v6 camaro...possibly. If i get a new car they have my business
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Formerly known as REED!
JSFBOA
Draino?
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05-28-2009, 10:00 PM
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#11
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Join Date: Apr 2008
Location: Delran
Posts: 6,785
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BURN EM TO THE GROUND! 
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05-29-2009, 01:49 AM
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#12
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Join Date: Mar 2008
Location: Somerset, NJ
Posts: 4,223
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Quote:
Originally Posted by NastyEllEssWon
BURN EM TO THE GROUND! |
GM? nah, dont do that.
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Jon
1999 Trans am WS6
1996 Corvette LT4 6 speed
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05-29-2009, 03:06 AM
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#13
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Join Date: Jun 2006
Location: Sayreville, NJ
Posts: 801
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Quote:
Originally Posted by madness410
GM? nah, dont do that.
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I think the Pontiac guys are still a little sore lol
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06-03-2009, 04:09 PM
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#14
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Join Date: Jun 2009
Posts: 20
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i remember hearing somewhere on the news someone say GM is like Obama's Vietnam, there will always be a problem with it no matter what he does... seems kinda harsh...
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06-04-2009, 12:10 PM
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#15
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
Posts: 12,573
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Quote:
Originally Posted by JDAlicea09
i remember hearing somewhere on the news someone say GM is like Obama's Vietnam, there will always be a problem with it no matter what he does... seems kinda harsh...
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Wow, talk about exaggerated.
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06-04-2009, 06:41 PM
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#16
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Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
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Quote:
Originally Posted by JDAlicea09
i remember hearing somewhere on the news someone say GM is like Obama's Vietnam, there will always be a problem with it no matter what he does... seems kinda harsh...
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You gotta be kidding me? Vietnam?
Yes, a large industural corperation that builds millions of cars a year regrouping and reforming into a new company is just like a 15 year war in a far away country, where thousands of American troops went to die in a police action that went no where.
Yep, just like Vietnam. Im sure this was Fox news, Id bet a large sum of money on it.
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2/20/2013: They Day the ****s Stopped
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