Comments on: 2009: The year GM dies? http://www.cargurus.com/blog/2008/11/19/2009-the-year-gm-dies Daily coverage of the world of cars, including upcoming cars, industry news, car politics, fun lists, and more. Mon, 23 Nov 2009 22:09:45 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Joe http://www.cargurus.com/blog/2008/11/19/2009-the-year-gm-dies/comment-page-1#comment-12668 Joe Thu, 27 Nov 2008 22:43:43 +0000 http://www.cargurus.com/blog/?p=929#comment-12668 The way GM is burning through cash, I don't think a government bailout will help them. I have read that they are buring somewhere around $4-5b every month, so a bailout is just a temporary measure. They are a company that has pensioned themselves to death. More money from a GM car goes to paying pension/debt then goes into steel and labour... Plus they just can't compete. Ppl don't want the "Canyonaro" anymore. I think we'll get by w/o them. If more than one goes down it may be a little different. Cheers The way GM is burning through cash, I don’t think a government bailout will help them. I have read that they are buring somewhere around $4-5b every month, so a bailout is just a temporary measure.

They are a company that has pensioned themselves to death. More money from a GM car goes to paying pension/debt then goes into steel and labour… Plus they just can’t compete. Ppl don’t want the “Canyonaro” anymore. I think we’ll get by w/o them. If more than one goes down it may be a little different.

Cheers

]]> By: Kerri http://www.cargurus.com/blog/2008/11/19/2009-the-year-gm-dies/comment-page-1#comment-12558 Kerri Thu, 20 Nov 2008 19:31:03 +0000 http://www.cargurus.com/blog/?p=929#comment-12558 Just scouring the net for news and opinions on this... who knows, the government just might come through and save GM! It would be a shame to see them go under, but I wouldn't shed too many tears. No more Impalas? I think we'd live. :) Just scouring the net for news and opinions on this… who knows, the government just might come through and save GM! It would be a shame to see them go under, but I wouldn’t shed too many tears. No more Impalas? I think we’d live. :)

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