General motors accelerating its timetable

[Pidgey]

GM is going to close another 1,700 dealerships in an effort to meet the June 1st deadline:

http://news.yahoo.com/s/nm/us_gm_dealers

Anybody think they're going to survive?

 

[BigRob]

GM is going to close another 1,700 dealerships in an effort to meet the June 1st deadline:

http://news.yahoo.com/s/nm/us_gm_dealers

Anybody think they're going to survive?

They will survive in one form or another, probably after a bankruptcy of some kind, probably with concessions from the government.

 

[pocketfullofshells]

if they go for a government backed bankruptcy maybe, if they end up in a court based one with the feds not helping...they are done.