Another nail in the G.M. coffin?
01-30-2006, 11:38 PM
#1
5th Gear Member
Thread Starter
Join Date: Aug 2004
Location: Arizona
Posts: 4,103
Another nail in the G.M. coffin?
This morning real early I heard on a 'Wall Street Juornal' typr radio show that CITI bank was going to offer GM $15 billion for the GMAC unit.
I think that GM may take it too so they can stay out hock for awhile....
I think that GM may take it too so they can stay out hock for awhile....
07-09-2006, 09:52 PM
#4
BadAss 13-sec N/A 4.0L
Join Date: Mar 2006
Location: Pennsylvania
Posts: 243
RE: Another nail in the G.M. coffin?
Not likely, GMAC is worht more than that, if GM can't do it alone, either a Nissan merger or a government bailout, rememebr the Feds saved Chrysler and Harley Davidson, and at the time Harley's future looked worse than GM's does now.
07-18-2006, 02:23 PM
#6
Super Moderator
Join Date: Jan 2004
Location: IL
Posts: 10,637
RE: Another nail in the G.M. coffin?
ORIGINAL: clix813
its kinda sad that all the american auto companies are unionized to death and all they have left is there credit.
its kinda sad that all the american auto companies are unionized to death and all they have left is there credit.
07-19-2006, 11:24 AM
#8
Super Moderator
Join Date: Jan 2004
Location: IL
Posts: 10,637
RE: Another nail in the G.M. coffin?
No, God no, Not at all. I expect it from pretty much everyone here. It's got nothing to do really with GM in general. Everytime I see something about another brand, be it GM, Chrysler, or Honda for that matter...It's almost always wrong. Poor information is what annoys me. Bash GM all you want. I have a Ford, a GM, and a Chrysler. Doesn't mean a thing to me.
