GMAC may file for BK tomorrow.

[Voodoo Trucker]

Hope this is just rumor.
http://www.thetruthaboutcars.com/gmac-may-file-for-bankruptcy-tomorrow/

 

[Kat]

 

[slowlmm]

Hope this is just rumor.
http://www.thetruthaboutcars.com/gmac-may-file-for-bankruptcy-tomorrow/

I doubt it.

 

[Skyhigh4by]

Im sure some company or something would step up and help them out if it really came down to it.

 

[jalanv1]

I heard on Monday that Gm, and Dodge was trying to Merge together. I heard this thru a buddy of mine that works for GM.


Both of the companies are struggling.

 

[GMC_2002_Dmax]

Looks to me like all financial institutions built the house out of a deck of cards and now the houses are falling.

As one falls it creates a domino effect rippling through and toppling other companies intertwined with it.

Sound to me like the old saying is true, CASH is KING !!!!

Sucks as they were the ones who handled the 0% loans.

 

[WolfLMM]

GM is going to tank, without help from someone.

What sucks is none of the dealers around here were offering any deals what so ever 3 months ago ,but now that its to late to make any difference they decide to start dealing with people.