Which of These Car Companies Will Go Bust First?

[Kal-El]

Originally Posted by Bob_VT

I can't vote on one of them. All of them will survive.

I just can not see any of the 3 going down for the count.

How can you be so sure? Can you explain?

Right now, at least 2/3 of elected officials in Washington are against this bailout. Almost all of republicans are against it and they still have enough power to stop a bailout. It will also take Bush's signature to pass it and he is against it. GM will not even make it to Obama's inauguration in January.

We'll see this week what happens but it's going to take an unexpected miracle to get this passed in the current congress. Time is quickly running out for GM and it doesn't look good.

So again, why are you sure they'll be fine?

[darthbauer]

I hope that if Chrysler goes belly up it makes the Wrangler really cheap for a small period of time. Other than that, I could careless if Ford and GM go up. Although it would suck if GM goes away with the new Camero coming out.

[Kal-El]

Originally Posted by darthbauer

I hope that if Chrysler goes belly up it makes the Wrangler really cheap for a small period of time. Other than that, I could careless if Ford and GM go up. Although it would suck if GM goes away with the new Camero coming out.

If Chrysler goes, the Jeep brand will be bought by some other company because of the legendary value of the Wrangler. I see Jeep as the only American brand that would be bought because of it's value and uniqueness.

As for GM, it is ironic that they may soon go under right when they're just starting to build some good cars. And to think, this whole situation may kill the Chevy Volt which cost billions to develop. Truly sad.