GM and Chrysler considering bankruptcy as a last resort

Oh noes.... what else is new?

Ford needs to get rid of Mercury. GM should split into chevy, saturn, and cadillac. Sell and scrap the rest. Oldsmobile is gone, right?

From what I heard today is sounds like They are willing to bailout GM and Ford but Chrysler has to go. To me this seems fine GM and Ford have been making clear changes and great products of late. I have not seen that same from Chrysler. They have not exciting or good vehicles on the horizon so they gotta go.

According to Detroit News... "The CEOs of Chrysler LLC and General Motors Corp. said they would look at a forced merger if it were a condition of government financial assistance."

so if they go bankrupt, does that mean no more Chrysler and GM?

Ford: pretty well good to go. this has been a real slap in the face, but I think they'll manage. GM: Sell/scrap everything EXCEPT Chevy, Saturn, Cadillac. And make proper cars with their European model scheme. I don't understand how they could watch their EU counterparts "so well", and yet keep that American mindset of "if we make it, they'll buy it"... A direct quote from Ford CEO. Chrysler: Gone. See ya... I just REALLY don't want to see only ugly, fadulous Toyotas running the roads... GOD HELP US!

joshg_5 you stupid. Toyota much better than ford that f****** crap. go to bankrupcy less crap on the road cha cha

Used to own an Old Toyota Avensis, but now I bought a SAAB 9-3. Had it for 2 weeks and a realy miss the old toyota wich never ever faild me! Yes, it was boring and a bit ugly, but IT WORKED!!!

It could save the Jeep, Cadillac and Saab brands if 2 of them will come back to Europeans car makers and Cadillac will get support to stay independent which is hard to do but will be a hyper-advanced economical effort in the world in need of new global philosophy for economics.

Maybe china will buy GM and Ford they have 1 Trillion Dollar and they don't even know what to do with it and if they buy it, GM will have perfect prices hopefully they will reduce the price to 50% or More

Chrysler has to go, they make the stupidest cars, GM has improved vastly, but still needs to be up there. I Just don't understand tho, Yukon, Suberban, and the Escalade have the same body and almost identical interior? this is why you FAIL!

If GM would just save Chevy, Cadillac, Saturn, and Buick (sells very well in China) and if Ford dropped Mercury they would have the right product mix. The problem is the workforce,the job bank, the endless medical and retirement costs that are built into each vehicle. If GM could file for bankruptcy they might be able to lower (remove) those costs. Unfortunately for Chrslyer they don't have a viable porduct. None of their cars are desirable or reliable. Ford could sell Volvo and pick up Jeep real cheap when Chrysler folds. That would be a good mix.

GM and Chry are going to do both... I mean get a loan and declare bankruptcy.

Chevrolet is selling the Vehicles! Nobody has the Credit to Finance them.