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Old 12-11-2008, 10:15 PM   #1
BigTrap1967
 
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Will i get my Camaro

It looks like congress is not giving up the money. Will I get my Camaro? If not will I get my deposit back?:flag2::(
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Old 12-11-2008, 10:18 PM   #2
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TBD...GM still needs to sell cars to make money and they have demand for the Camaro, sunk costs for production and are close to rolling them out. Let's hope they can stick with it.
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Old 12-11-2008, 10:18 PM   #3
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Originally Posted by BigTrap1967 View Post
It looks like congress is not giving up the money. Will I get my Camaro? If not will I get my deposit back?:flag2::(
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Old 12-11-2008, 10:18 PM   #4
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it comes down to if the White house actually comes through and lets paulson give part of the 700 billion dollars to the big 3. hopefully they make the right call.
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Old 12-11-2008, 10:41 PM   #5
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Old 12-11-2008, 10:46 PM   #6
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... crap. (*Favs link to a local WS.6 he's had interest in.*) This sucks. My first dream car was a rust bucket I had to sell for no profit, my second might possibly not even make it to production! What am I meant to drive!?
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Old 12-11-2008, 10:46 PM   #7
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when did you order?
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Old 12-11-2008, 10:48 PM   #8
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If GM goes under, getting the Camaro is probably the least of your worries. You job, your retirement savings, everything will pretty much be gone.
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Old 12-11-2008, 10:54 PM   #9
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... crap. (*Favs link to a local WS.6 he's had interest in.*) This sucks. My first dream car was a rust bucket I had to sell for no profit, my second might possibly not even make it to production! What am I meant to drive!?
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If GM goes under, getting the Camaro is probably the least of your worries. You job, your retirement savings, everything will pretty much be gone.
Let's not panic guys. This is not armageddon. Assuming GM does go chapter 11, I believe congress will be more willing to bailout (yes it would be a bailout at that point) the B3 and with more money than now. UAW would have no choice but accept whatever comes post chapter 11.
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Old 12-11-2008, 10:56 PM   #10
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Guys,

Cmon. I don't have a crystal ball nor any insight but, GM is not the one responsible to get you your deposit back. The dealers are privately owned companies. They will be obligated to return your deposit to you. Not GM. As far as the Camaro being made goes? Even if they go bankrupt (Chap 11) the judge will probably order GM to continue to produce and deliver the Camaro in order to help GM pay off debt. So, it is very reasonable to expect the Camaro to hit the streets.

Please, easy on the sky is falling stuff.

The fat lady aint singing just yet.
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Old 12-11-2008, 10:59 PM   #11
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good words to tithe me over for the weekend thanks gtahvit
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Old 12-11-2008, 10:59 PM   #12
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+1 GTAHVIT! Anyways, here's the latest CNN news:

http://money.cnn.com/2008/12/11/news...nate/index.htm
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Old 12-11-2008, 11:00 PM   #13
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Let's not panic guys. This is not armageddon. Assuming GM does go chapter 11, I believe congress will be more willing to bailout (yes it would be a bailout at that point) the B3 and with more money than now. UAW would have no choice but accept whatever comes post chapter 11.
Have to accept whatever comes? I have doubts that the UAW will be a viable entity post chapter 11. GM goes, the other two will probably follow and then UAW has 0 income and a lot of angry lawsuits to fight.
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Old 12-11-2008, 11:07 PM   #14
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when did you order?
about 30 days ago.
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