My visiting with a local Chevy Dealer - owner

1. Will the legal action by dealers cause GM to file BK?
- Yes
  
  4
- No
  
  0
- It depends on how much government hand is involved
  
  1
- It doesn't matter. I give up on GM.
  
  2

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Posted May 1, 200916 yr

While visiting with the owner of my local Chevy Dealer, the subject of GM's future came up. He stated that with 40% of GM dealers being closed, it will be impossible for GM not to file for BK. He stated that GM could not get enough government cash, and doesn't have enough lawyers to cover all of the potential law suits. At the end of the conversation i was in agreement with him regarding this matter.

Any thoughts on this?

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May 1, 200916 yr

Otherwise why raise the spectre of one for months if not to gage the sentiment?

The Government provides a big apron to hide behind.

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May 1, 200916 yr

The dealerships might get some money this time..

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May 2, 200916 yr

I pretty much give up on two of Detroit's three.

I'll hold out some hope, but I no longer look forward to upcoming product launches or replacements.

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