Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
Options

GM News, New Models and Market Share

16263656768631

Comments

  • kernickkernick Member Posts: 4,072
    Not sure what you heard but if you get all your input from the internet forums I can see why you are confused.

    No I've been watching the national news organizations coverage of the D3 and UAW going to Congress begging for money, because no one else would give them a loan. No one would buy any of their stock or corporate bonds if they issued it. Most corporations raise cash by offering stock and bonds. They do not go to Congress and get grilled for 2 days.

    Now that they have the loan they are paying their bills.

    Well isn't that great; we all thought they'd take the money and buy a few new jets.

    They do seem to have a lot of award winning vehicles coming out.

    They've had award winning vehicles before. So has Chrysler. These companies have and continue to lose $. That is what matters.
  • dino001dino001 Member Posts: 6,191
    I had HHR too. One of the worst recent cars I've ever driven. Terrible visibility, poor fuel economy for the performance, hauling wind noise, very derivative styling. And no - no rails, more like mud road - vague and sluggish. Basically, showcase of mediocrity. Only Cobalt I drove a few months before, felt worse.

    2018 430i Gran Coupe

  • dino001dino001 Member Posts: 6,191
    Actually, there is one, just not here. In Europe they have front-drive BLS, which is restyled Saab 9-3. Not a big seller there, couldn't imagine it would be here, either. Unless they made it better and more appealing.

    2018 430i Gran Coupe

  • tlongtlong Member Posts: 5,194
    Sounds like the union is not giving another dime. They said they already gave with VEBA.

    Fully expected this. They won't give anything unless GM is two breaths from death. They're hoping Obama will be more lenient. Let's hope GM manages to pull itself through. In 4 years GM will probably have 5-10% less market share and half as many UAW workers. The few that are left will cling to those benefits like flies on poop.
  • tlongtlong Member Posts: 5,194
    And the specifics are?????????????????

    Why don't we reverse that and ask which of the models listed by bpizzuti are NOT crappy. If we define crappy as in the bottom third against competitors, let's just take a few of the listed models (the specifics):

    Cobalt - unrefined, poor interior quality, poor reliability vs. Civic, Corolla, Elantra, Mazda 3, Focus.
    G3 - see Cobalt
    Aveo - unrefined, poor interior quality, poor reliability, poor handling vs. Fit, Versa, Yaris
    G6 - unrefined, poor interior qualilty, poor reliability vs. Camry, Accord, Optima, Sonata, Fusion, Malibu
    Aura - see G6 except somewhat better interior
  • tlongtlong Member Posts: 5,194
    bottom third?
    so 33% unemployment would be your target for our economy if you were in Obama's position? That would leave crappy people out on the street?


    Apples to oranges. How is that relevant? Crappy people have lower-paying jobs, in general (or they are unemployed). Not at all relevant to an AUTOMOBILE discussion.

    In what category?
    sales?
    price?
    warranty?
    Specifics were asked for, otherwise you are doing exactly what I accused this site of constantly doing.


    Feel free to offer a different or better suggestion to define "crappy", rather than using the bottom third. You wanted specifics, so the first order of business was defining the word "crappy". If there are nine models in a segment and a car is in the bottom three then crappy sounds like a good term.

    You can read the reviews. The previous post listed some details for many of the models. Take the G6 from the supposedly sport division of GM. I rented one. It doesn't handle as well as an Accord, it is listed as having much worse than average reliability by Consumer Reports, its interior is an ugly sea of plastic. It will get you from point A to B but most vehicles in its class are better.

    Another way to look at "crappy" is the resale value. That is an aggregate voting of all used car buyers on the value of a model to the public. Most of GMs vehicles have poor resale. That's the result of an aggregate perception of the brand, the vehicle, the performance, the desirability, the refinement, the reliability. Crappy vehicles have lousy resale value, and excellent vehicles have high residuals. It should be obvious. It's wonderful that there are people who will buy the lousier vehicles, as competition is good for the marketplace. :P :P :P
  • tlongtlong Member Posts: 5,194
    They've had award winning vehicles before.

    Chevy Caprice was a car of the year!
  • tlongtlong Member Posts: 5,194
    Actually, there is one, just not here. In Europe they have front-drive BLS, which is restyled Saab 9-3. Not a big seller there, couldn't imagine it would be here, either. Unless they made it better and more appealing.

    That's why I suggested an *upgraded* BLS!

    If you look at the sum of U.S. sales of A4 + 3-series + 1-series + MB C-class + TSX + loaded Jettas you have quite a number of upscale small cars. PROFITABLE small cars.

    Where were the GM strategists? Supposedly the D3 can't profitably make a small car - - well the cars above sell for $25K-$40K. So GM could have been known as the American car company that sells *premium* small cars! Instead we got the Cobalt and Saturn Ion! And here comes the Volt! Yet an analog to the cars above would take no new technologies other than GM's ability to make a very high quality, refined, and excellent-handling small car. And they've done the handling with the CTS, so they CAN do it. They just have not.

    Another example of why I say Wagoner has no strategic vision.
  • fho2008fho2008 Member Posts: 393
    GM lost its way a long time ago. Could have done the minivan before Chrysler. '82 camaro....looks great, wheres the 350? No....305 thats it. Eventually the 350 was made available (auto only) but the damage was done, and Ford sold a ton of 302 Mustangs.

    Buicks GN and other turbo V6 models (86-87)......."hey you cant make something faster than the Vette"....killed those cars, and the Monte Carlo sold very well but if you wanted a V8.......the 305.

    Pontaic Aztec.......do I need to say anything?

    They seem to make decent trucks, and we all know they make big profits from them. Thankfully they called the new small trucks Colorado and Canyon, look like Nissans to me. Who was in charge of designing these? Why only four guages in a truck? Most people would use it as a car I know, but this is supposed to be a truck.

    GM cars either look bland or from another planet. And why is onstar standard on all GM vehicles? I know alot of people would be out of work if they went bankrupt, I think the loan is only putting GM on life support.....and the pulse is fading......
  • m4d_cowm4d_cow Member Posts: 1,491
    Sure Dave, here's my list:

    Chevy
    HHR: horrible materials (compared to even PT Cruiser), terrible handler
    Cobalt: total crap compared to the likes of Civic and Mazda3 inside out.
    Aveo: Hopelessly cramped inside compared to Fit or even Yaris (which is tiny already)
    Impala: have you checked out the interior? 100% rental grade
    Equinox: Poor quality and refinement
    Colorado: hasnt been updated since the ice age
    Trailblazer (and all the clones): need I say more?
    SSR: what's the point?
    Uplander: is it dead yet?

    Pontiac
    Solstice: trashy engine and tranny, poor performance
    G3: same as Aveo
    G6: slow, heavy on fuel, doesn't feel solid
    G5: Cobalt ripoff = the same crap
    Vibe: Matrix twin minus the build quality and interior for the same price
    Aztek: behold, king of ugly and pointless :P

    Saturn
    Sky: just another Solstice ripoff
    Aura: totally unrefined compared to Malibu
    Astra: not bad but waayyy overpriced

    Hummer
    H2: horrible interior quality for the price
    H3: terrible engine

    Buick:
    Lucerne: Fit-finish, nuff' said.

    Cadillac:
    XLR: horrific fit-finish and quality for the price
    SRX: interior made of tupperware
    STS: terrible interior and space for it's size, class and price
    Escalade: good by regular standard, crap by luxo standard. The only reason it's "perceived as good": the hype, superficial "bling" (thanks to the celebs)

    Those are the ones I find below par, others are so-so at best. If you ask LaCrosse, I say: just ok, not bad but nothing good either. Escalade you say? Compare it with Audi Q7, Range Rover, Lexus LX or MB GL550, and you'll see why.

    Satisfied?
  • m4d_cowm4d_cow Member Posts: 1,491
    "So that Camaro built in Canada does support a couple thousand jobs there but also supports many thousands more here in the states. Same with all the vehicles built in NA."

    Even if a car is built in Canada it also supports thousands of jobs in the US, yes that's true but what about this one question noone seem to ask so far: instead of supporting thousands in US and thousands in Canada, why not build the whole thing in US to support even more jobs????? Sure financially its the best decision, but is this the kind of company you'd call patriotic, the kind of company you want to support? Yeah right.
    If GM wants us to be patriotic and buy US made, GM needs to at the very least be patriotic as well and make it 100% US made, no excuse and propagandas.
    For anyone who say: that's impossible, welcome to the real world, bud, where patriotism is meaningless in face of reality.

    "But we should have no problem if the buyer takes his US given rights and buys cars that were made in the US. "

    Well, I have the superior right given by US and most importantly god himself, it's called "Freedom of Choice" which allows me to buy whatever I wish.
  • circlewcirclew Member Posts: 8,666
    Exactly...model the 128/135. What are they waiting for? Oh, forgot...got no cash.

    Regards,
    OW
  • m4d_cowm4d_cow Member Posts: 1,491
    I have no written source but I did contact a colleague of mine currently working in Shenzhen. The latest news over there state that both claims (Buick down, Gm up) are somewhat true. Buick's sales has been declining since last year. However, Chevrolet and Cadillac's sales are up. That's why GM cancelled it's plan to expand Buick production (there's not even a single news about this here, Buick expanding??? When?) and opened Shenyang plant instead.

    Cadillac's sales unexpectedly went up, with Escalade (GM sell it there?) and CTS doing good, STS and BLS a disaster. Chrysler 300 meanwhile, remains the most popular entry level luxury car (yes, Cadillac is considered entry level there).
  • circlewcirclew Member Posts: 8,666
    We'll see if the cars get better.. So far, the new La Crosse might sell well IF the UAW-based wages allow proper pricing.

    If not, get on the incentive line early! ;)

    Regards,
    OW
  • circlewcirclew Member Posts: 8,666
    Specifically, form me, I would not buy any of these cars. Call them CRAPPY or UNAPPEALING.

    There are just too many other better choices.

    That includes all BOF SUV's GM makes. The CUV's need to prove themselves and not fall apart. We will see.

    Regards,
    OW
  • circlewcirclew Member Posts: 8,666
    Don't you know the UAW is banking on more bailout $$$? Don't blame only management for thinking short term. Obama either recognizes this or he fails at the restructuring of the D3 and the network of failure it created.

    Regards,
    OW
  • circlewcirclew Member Posts: 8,666
    Your post is excellent. NONE of the D3 have a small car that appeals to people who want a great premium car that holds it's value because it is a strong brand that delivers precisely what the customer is looking for.

    Regards,
    OW
  • circlewcirclew Member Posts: 8,666
    Very satisfied...to leave all of those poor excuses on the dealer lots. ;)

    Nice synopsis. :)

    Regards,
    OW
  • cooterbfdcooterbfd Member Posts: 2,770
    ".......Buick:
    Lucerne: Fit-finish, nuff' said"

    http://pqasb.pqarchiver.com/USAToday/access/977231411.html?dids=977231411:977231- 411&FMT=ABS&FMTS=ABS:FT&date=Jan+27%2C+2006&author=James+R.+Healey&pub=USA+TODAY- &edition=&startpage=B.3&desc=Lucerne+trumps+those+annoying+Buick+prejudices

    If you can get ahold of the whole article, (I can't get it all) he goes on to say that the fit and finish is better than the Avalon.

    Maybe this is why the Avalon is DOA, and the Lucerne soldiers on.
  • steverstever Guest Posts: 52,454
    Healey's article seems to all be there at the source - USA Today.
  • circlewcirclew Member Posts: 8,666
    I love when the guys that need to push boring cars with colorful writing. I'll take the BMW-Buick anytime over the sleepy OLD Lucerne, please. Thank you very much!

    Get over it Buick...snap it up or die.

    At least this has some attempt at design in it...considering the evolution of past GM design iterations, this is eons ahead in 1 model year.

    image

    Regards,
    OW
  • lemkolemko Member Posts: 15,261
    GM cars either look bland or from another planet.

    Shoot, that's how I feel about just about all Asian cars!
  • tlongtlong Member Posts: 5,194
    At least this has some attempt at design in it...considering the evolution of past GM design iterations, this is eons ahead in 1 model year.

    I still don't like that trademark grill, kind of ruins the look for me. But overall the car is really nice looking and kudos to GM for being a bit bolder. Hopefully the rest of the car is similarly excellent.
  • circlewcirclew Member Posts: 8,666
    Well, the interior is even better IMHO. Doesn't even hint at GM....the Buick badge seems out of place.

    image

    Regards,
    OW
  • 62vetteefp62vetteefp Member Posts: 6,043
    GM will deliver two live video streams during media days at the North America International Auto Show (NAIAS) in Detroit January 11 and 12, 2009. The GM press conference videos will be available for on-demand replay from the same web addresses beginning two hours after each live stream. Replays will be available for at least eleven months.

    Web editors will be able to embedthe streams on their sites using the code available at least 24 hours before event start time in each video window.

    General Motors 2009 NAIAS Streaming Video URLs

    Sunday January 11, 2009, 10:00 a.m. EST
    GM Press Conference
    http://gmtv.feedroom.com/?fr_story=8c6d77d0740b10004ea16615c8877c2a1da9652d

    Monday January 12, 2009, 10:15 a.m. EST
    GM Press Conference
    http://gmtv.feedroom.com/?fr_story=a307a8aadfa737ca8ca9720a6c4e90d9f52124f5
  • gagricegagrice Member Posts: 31,450
    I think that the Buicks are the best looking cars that GM has to offer. I just have a hard time forgetting the port holes and Dynaflow transmissions. You are a rare breed throw back to the 1950s when brand loyalty was as strong as any loyalty to a sports team is today. I just don't hear much of that anymore.
  • 62vetteefp62vetteefp Member Posts: 6,043
    I just have a hard time forgetting the Dynaflow transmissions.

    Wow, the misinformation here is amazing!! Buick no longer uses the Dynaflow transmissions. :P :blush:
  • andre1969andre1969 Member Posts: 26,023
    Well, there's a trolley on Galveston Island that rides on rails. But it can also rattle the fillings out of your teeth and give you a splitting headache.

    So riding on rails isn't always a good thing...just depends on the context :P
  • m4d_cowm4d_cow Member Posts: 1,491
    Here we go again... when did I ever say the Avalon has better fit-finish???

    Lucerne's fit-finish pales in comparison with Nissan Maxima and GM's own Pontiac G8. LaCrosse's fit-finish, now that's better.
    If you insist on comparing with Avalon, Avalon wins in refinement, Lucerne is quieter. Interiorwise, Lucerne has better panel fits, Avalon has better materials.

    That the Avalon goes bye-bye this year, has nothing to do with which is better. Avalon simply isn't needed as the market for fullsize cars keep shrinking and the current Camry is almost as large already.
    Lucerne soldiers on, mainly because of customers' loyalty (Buick has loads of loyalists) towards it, remember that the Lucerne is positioned as the replacement fot the ultra-popular (by class standard) LeSabre.
  • gagricegagrice Member Posts: 31,450
    Hopefully they dumped the Dynaflow by the 1960s. Just those memories of a slipping transmission remain in my head. GM had the much better hydramatic at the time.

    Seriously, if I had any desire to own another sedan the Buick would get a good test drive. I just don't see myself ever buying another one.
  • dave8697dave8697 Member Posts: 1,498
    bottom third?
    so 33% unemployment would be your target for our economy if you were in Obama's position? That would leave crappy people out on the street?

    Apples to oranges. How is that relevant? Crappy people have lower-paying jobs, in general (or they are unemployed). Not at all relevant to an AUTOMOBILE discussion.

    Some of us want all of us to succeed.
    If I look at the owners experiences with the GM's, your comments seem out of sync.
    We have 1.9 million people freshly out of work since September. The ones driving GM's are crappy people in crappy cars? I hope none of them are stinking up your neighborhood.
  • m4d_cowm4d_cow Member Posts: 1,491
    That would leave crappy people out on the street?

    Dave, there's a huge difference between crappy people who're still pulling some effort to become better and crappy people who think they aren't. The latter can drop dead for all I care.

    Crappy people have lower-paying jobs, in general (or they are unemployed). Not at all relevant to an AUTOMOBILE discussion.

    Correction, tlong, some crappy people actually get paid higher than others who actually deserve it. can you say UAW? :P

    We have 1.9 million people freshly out of work since September.

    So? You actually want every person alive to succeed? How noble, I wish it's that easy but it's impossible. You don't work hard, you dont succeed, simply because the world isn't that nice.
  • tlongtlong Member Posts: 5,194
    We have 1.9 million people freshly out of work since September. The ones driving GM's are crappy people in crappy cars? I hope none of them are stinking up your neighborhood.

    You are taking my original post way out of context and drawing ridiculous conclusions. Please re-read the thread.
  • carnaughtcarnaught Member Posts: 3,576
    the Buick badge seems out of place.

    Speaking of which, that Buick badge needs to go. It connotes "it's your father's Buick"," its Uncle Olaf's Buick", whatever, it just doesn't work anymore. I don't even have as much trouble with the port holes; they are good enough for 4 door Maserati's.
  • imidazol97imidazol97 Member Posts: 27,675
    >Avalon simply isn't needed as the market for fullsize cars keep shrinking and the current Camry is almost as large already.

    And Avalon is just another Camry. It was based on the previous Camry chassis. There are 3 Camrys; don't need that many.

    Buick can keep the current logo. It has nothing to do with the product.

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • m4d_cowm4d_cow Member Posts: 1,491
    And Avalon is just another Camry. It was based on the previous Camry chassis. There are 3 Camrys; don't need that many.

    Indeed.
  • 62vetteefp62vetteefp Member Posts: 6,043
    My god, it never ends.

    Quality is not good enough: Buick is now world class at the top with Lexus for both short and long term.
    Dealership is not good: Buick is at the top of dealership satisfaction
    Interior is not good enough: Looks pretty darn good now with top notch materials
    Exterior is plain: Looks pretty stylish now
    Ride and handling sucks: Now it has high tech real time adjustable dampers(will have to wait for ride to see how it works.
    It does not have high tech: Now it does
    It is loud: Now quietest of all midsize/entry level marques
    Does not have high tech modern headlamps:now it does and they even swivel
    Does not have high tech taillights: Now it has LED taillights
    AWD is not available: now it is
    powertrain out of date: aluminum overhead cam V6 with DI
    MPG sucks: Very competitive now
    It's not made in the US: now it is
    The badge is out of date. :cry:

    http://jalopnik.com/5125035/2010-buick-lacrosse-blue-hair-no-more
  • dave8697dave8697 Member Posts: 1,498
    If I look at the owners experiences with the GM's, your comments seem out of sync.

    You forgot one.
  • circlewcirclew Member Posts: 8,666
    It ends when the product pleases enough to be the best. Up until the now, it hasn't.

    Relax.

    Regards,
    OW
  • carnaughtcarnaught Member Posts: 3,576
    Yup, and there are many reasons why Buick and GM are in trouble.
  • bpizzutibpizzuti Member Posts: 2,743
    Part of that is perception...GM's burned so many people they're going to have to do all that and more to get people to consider them again.

    I happen to agree that the badge is way out of date. Today's Buick is very different, and the badge should reflect that. That's one of the mistakes I think they made with Caddy too, actually.

    Oh and MPG can't just be competitive. If GM wants to survive, it needs to be CLASS-LEADING, not merely competitive. And yes, they have to be THAT much better to earn business back from some.

    The complaints are indicating what customers want to see from Buick. GM needs to answer and provide the customers with the product they want rather than whining that people are asking too much of them.
  • circlewcirclew Member Posts: 8,666
    Yes, you can complain about negative perceptions all you want. When the PRODUCTS change those perceptions, you succeed. Until then, it's all excuses.

    Regards,
    OW
  • gagricegagrice Member Posts: 31,450
    I must be totally out of sync with everyone else. I thought the last few years of the Buick were nice looking. The new one looks like a Camry from the rear. I hate the looks of the Camry. I guess if Buick sells that will be the test. I really don't like the newer Cadillacs. The only Caddies I see here in San Diego are the real tuna boat models. All have Marine stickers and the guys look like Korean war vets. I rarely see a new model Cadillac sedan. Escalades are everywhere. Two on my street alone. I would guess that Escalade keeps the brand going.
  • 62vetteefp62vetteefp Member Posts: 6,043
    GENERAL MOTORS will announce Monday that it will make lithium-ion battery packs to power the 2011 Chevrolet Volt and other extended-range electric vehicles at a new facility in Michigan. With the announcement, to be made during press preview days for the North American International Auto Show by Rick Wagoner, the company’s chairman and chief executive, G.M. becomes the first major automaker with a commitment to producing the advanced battery packs in the United States.

    GM is also is expected to announce the opening of a new advanced-battery test facility at its global electric-vehicle engineering center in Warren, Mich.
  • 62vetteefp62vetteefp Member Posts: 6,043
    General Motors today added three fuel-efficient vehicles to its three previously announced debuts.

    GM's surprises were:
    • The Chevrolet Spark minicar, going on sale in the United States by 2011.
    • The Chevrolet Orlando small crossover, on sale by 2011.
    • A Cadillac concept, expected to be called the Converj, powered by Chevrolet Volt plug-in technology.

    The three vehicles came in addition to three expected debuts: the 2010 Buick LaCrosse sedan, on sale this summer; the 2010 Cadillac SRX crossover, on sale in the second quarter; and the 2010 Chevrolet Equinox crossover, on sale in mid-2009.

    The Spark is based on the Beat concept minicar shown at the 2007 New York auto show. In November, GM had said it would not sell the Beat in the United States. But as Automotive News reported in July, GM changed its mind. The minicar will look similar to the Beat, spokesman Scott Fosgard said.

    GM revealed the Orlando concept vehicle at the Paris auto show last fall. The small crossover is built on the global compact-vehicle platform used for the Chevrolet Cruze. It seats seven.

    The Cadillac concept, although based on the platform used for the Chevrolet Volt, is dramatically different-looking. It will be sold at a much higher price than the estimated $40,000 sticker on the Volt plug-in hybrid.

    Fosgard said the three surprise vehicles show that GM plans to stick around: "These are the proof points to the skeptics that say, 'Let them die.' "
  • bpizzutibpizzuti Member Posts: 2,743
    Sounds like a pretty good plan...these are exactly the kind of things that, if they do well, bode well for longer term viability for GM.

    They've been hurting in the small people-mover category, something that Mazda, Kia, Toyota and Mitsu have already managed to do. This gives them something to be competitive with. The Spark/Beat is a great concept given what we know about it, and may be just the thing to counter the Fiesta.

    The Caddy Volt may be more successful than the Chevy one.
  • 62vetteefp62vetteefp Member Posts: 6,043
    http://www.autonews.com/article/20090105/VIDEO/301059726/1115

    Dave got a little tongue tied here at the age issue. Today's average of Buick is 55 and the range he gave is about 10 years younger than the current buyer.

    On the foreign-manufacturer front, an interesting auto rivalry also had interesting statistics: The average age of Toyota shoppers was 46.6 years old, while the average age for Honda shoppers was 51.2.

    And while Buick is typically the butt of jokes about buyers who are somewhere between retired and deceased, the average age of a Buick shopper last year was 55.2 years old, considerably younger than the average 63.6-year-old Mercedes-Benz shopper.
  • 62vetteefp62vetteefp Member Posts: 6,043
    http://www.freep.com/apps/pbcs.dll/article?AID=2009901110371

    Most prefer U.S. cars

    Nearly three-quarters of car shoppers prefer to buy American-made products, according to a survey by Kelley Blue Book.

    More than half say they try to buy American-made products if the price is competitive, and 14% say they will go out of their way to buy American. Six percent say they will only buy American-made products and they will do without if an American-made product is not available.

    "Seeing the domestic automakers' recent struggle has ignited a heightened sense of patriotism among some American car shoppers, and the latest Kelley Blue Book Marketing Research indicates that people are pulling for the Big Three to survive and thrive," said Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book and kbb.com.
  • dtownfbdtownfb Member Posts: 2,918
    I also thought the current Buicks were pretty nice looking. But the sales number don't lie. Buick has become a forgotten brand similar to Saturn. The 2010 LaCrosse is nice but it's 5 years too late. Extremely difficult to reverse a tend with this kind of market. While they have the Malibu, CTS, Traverse, they have so many dogs in their lineup. And you can't erase recent memory this quick.

    Car sales will be in the 10M range this year. GM will not be able to last 2009 in this market. They were losing money in 2005 when car sales were in the 17 million range and there market share was above 25%. Now they have to offer over $3500 in discounts and incentives just to move cars. Don't think that will change. The American public has been conditioned to expect rebates or special financing. Also roughly 95 million new cars have been purchsed in the last 6 years. Not many people need new cars now.

    GM needs a major overhaul that can only be accomplished by a Chap. 11. I know no one wants to discuss this word but in reality, the only way they will survive and see the fruits of these new designs is a Chap. 11 re-structuring backed by the government.

    Of course when Chrysler goes belly up, there will be less competition...
Sign In or Register to comment.