GM rules out bankruptcy

It all have to depend on how the bailout turn out. If they have no fund to support them, they will have to file Chapter.11 even if they don't want to. They are just wasting the tax payer and consumer's money in the long term, many investors are expecting GM to declare bankruptcy anyways.... GM and other American automakers will have a hard time surviving even if the government bail them out, as long as the union exist. GM will never get any happy hours.

I think if GM receives this bailout alot of people will not buy from the Big 3 just because of that fact. Lets face it they are not the Big 3 anymore. If GM had kept up with the times they could have been the NEW REVOLUTION and Built LIKE A ROCK.

They may not have any choice. Is their only plan getting a federal bail out?

the usa gov will not allow them to go bust it is impossible think how many jobs will be lost they can not allow that.

There are two reasons I would be in favour of such a help for the Big 3: the unemployment perspective and the fact that American cars are not crap cars as some voices say. At least not the European models I know. But the help should be provided under certain circumstances: it should not disturb the competition among the car manufacturers and the Big 3 should be asked to come with good restructuring plans. Ford has taken some steps in the last few years in this respect(e.g. they sold Jaguar, Land Rover, now part of their share of Mazda). Ford Europe is making good and popular cars (such as Focus). Opel is also popular, although their cars are not seen as reliable or technologically advanced as Ford's or VW, but instead they are cheaper. Anyway, many Ford or Opel models are manufactured in Germany and this is like a guarantee of quality. Furthermore, Ford and Opel make better cars than some of the other European manufacturers. I'm not so sure that Ford is in such a need of money as GM and Chrysler. Probably it would have been better for their image not to ask those money from the American government alongside with GM and Chrylser. And GM and Chrysler should have also considered taking restructuring measures, as Ford did. Not only begging for a bailout.

USE EUROPEAN BRANDS it will make another image to the public, global cars, and most important: remove the bad image that american cars have, c'mon even in america american cars aren't the best sellers, that means something...

This bailout is for all the wrong reasons. It is about the UAW and job loss. Even with help, GM does not have a long term good product line. There is so much more competition now and GM will never be as large as it was in the past. Jobs are not quaranteed and many people have to be retrained for different positions throughout their life. My brother is a college degreed Mechanical Engineer and has been laid off twice. More mergers, more streamlining are all part of Economy 2008. GM needs to look at the other US companies, BMW, Kia, Honda and Toyota and see what works for them. They make profits on cars and trucks!

Who besides me thinks there are just waaaay too much ads on WCF?