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-   -   So Al, is GM going Chapter 11? (http://www.njfboa.org/forums/showthread.php?t=41458)

Frosty 02-14-2009 11:14 PM

So Al, is GM going Chapter 11?
 
Rumors are flying they might announce Tuesday they're going to file Chapter 11 and start a new company....another rumor is that the Camaro is bye bye after this year in order to show they're cutting costs. Another rumor is that the V8's are gone aside from the truck lineup. A few websites had that rumor.

I hope it's not true...if it is and there's no V8 even in the 'vette I'll be switching teams...F GM.

BigAls87Z28 02-15-2009 12:28 AM

Chap 11 has always been the last ditch effort to save themselves.
Scrapping Camaro at this point would be stupid as everything is payed for. At least sell them out, make the return on investment, and then close it out.
GM has cut its high end V8 long time ago.

Chap 11 = Chap 7 IMO.


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