GM Chapter 11 may still be necessary - analyst

hahaha, you realy think that GM will come back, expecialy as you said 'GM will rise back to its peak and higher',..I think it's already too late because the german/japan autoindustri is still growing in there...

Ya, Japan is doing good, i know how well, my 2 favorite companies are Nissan and Toyota but what goes up must come down except maybe for Toyota. GM will be back, but like i said, it will be a different company than its EVER been save for maybe the early 1920s-30s. Its going to be smaller, more focused and with more quality(if it is to survive). ALOT of cars will continue to always be sold as Humans love cars. In a country as large America, there will never be any good reason save for inferior products as to why the Japanese and Americans can't both share large peices of the proverbial pie. Its well known that if GM will survive, which it will, it will be FORCED to offer better quality, cutting edge products otherwise it won't. GM was never stupid, they always knew what they had to do, they were lazy though and didn't focus WHERE they needed to, like compacts. They focused on trucks which are the BEST in the business, but with the real estate market crashing and a general lack of building going on, its only natural for their trucks to be bought less, part of the reason they're in bad shape. Things have changed, and GM has learned their lesson and they know what they have to do. Like i said, it will take ALOT of time before GM gets to an all new peak, im talking at least 15 years, but they will get there and god willing, i will be there to see it. There is absolutely no reason why GM can't survive and THRIVE in the new emerging market place. Especially with the supervision of the American government. You can't doubt if you like, thats fine. But just because i said GM will rise, i NEVER said the Japanese or other imports will decline, you implied i did and you're wrong. Don't put words in my mouth friend.

Rest assured, when the Governments gave them the money, one of the prerequisites was that GM has to make very large concessions in those departments. Less hours, less workers, less product coming out. They HAVE to do it, and this time they have no fear because the U.S. Gov will back them up on it. It will suck for the workers, but like you said they have to do it and the Government plans on forcing them to do it. The workers have had it too good for too long and soon, sadly, their day in the sun is done.

Ya, it is a no brainer, but i thought i heard about GM still having to cut alot of jobs salaries aside. Ideally, ild hope jobs not be lost because it is peoples lives but its better than GM dying out, thats way more jobs gone.

it will also encourage more people to go to university since they can't just go work beside their father/mother with a high school education...