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View Poll Results: Who's gonna go bust first?
GM 17 47.22%
Ford 4 11.11%
Chrysler 15 41.67%
Voters: 36. You may not vote on this poll

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Old 11-16-2008, 12:30 AM   #1
tuckevalastin
 
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GM over Ford or Chrysler?! REALLY?!?!

If any go it ill be Chrysler, horrible ownership that just wants out and isn't willing to spend the money and make the moves to improve the state of their company.
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Old 11-16-2008, 01:43 PM   #2
Kal-El
 
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Quote:
Originally Posted by tuckevalastin View Post
GM over Ford or Chrysler?! REALLY?!?!

If any go it ill be Chrysler, horrible ownership that just wants out and isn't willing to spend the money and make the moves to improve the state of their company.
Right now, it come's down to the cash each of these companies have on hand vs. how much of that money they are burning through each month.

Because of this, GM will be the first to go under if there is no bailout.
This is a simple math.

Chrysler would go second, followed by Ford based on the real numbers.

It's already common knowledge that GM will no longer be able to run it's company in about 60 days. That's scary. There are no creditors that will lend the money needed during this crisis and the government is looking increaslingly unlikely to bail them out.
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