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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Join Date: Mar 2002
Posts: 1,130
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General Motors : 'Substantial doubt' about survival
I think in the end of this year that we will see many old brands gone in various markets..
If this global depression last 4-5 years , what company have the stamina to stay afloat so long ?
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"where ever you go..there you are." |
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#2 |
Confirmed User
Industry Role:
Join Date: Dec 2002
Location: Ontariariooooo
Posts: 1,211
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Yeah GM is no shocker really.
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Magnus |
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#3 |
GFY HALL OF FAME DAMMIT!!!
Join Date: Jan 2002
Location: that 504
Posts: 60,840
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GM should have thought more about alt fuel vehicles instead of gas guzzlers, this is no surprise, any bailout going to them is throwing money into a fire, no amount can change their decades of bad choices and lack of push for fuel efficient vehicles.
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#4 |
Jägermeister Test Pilot
Industry Role:
Join Date: Dec 2001
Location: NORCAL
Posts: 73,694
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The American car companies will fall first. The other companies will be right behind them. While everyone is mocking and laughing at the Big Three, all of the other car companies are having issues as well. If I understand correctly the only car company that is doing decent is Kia.
The truth is no one can get credit right now, and without credit no one can buy cars - no matter what brand they are. This is going to be interesting to watch (and sad really when you consider the jobs that will be lost) and I can't wait to see what will come up out of the ashes.
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