ANALYST: Chrysler can't survive even with gov't aid

[ducati_atx]

Originally Posted by Corey

Not sure about the Chrysler situation, but GM is in a bind with Pontiac and Buick (and any of their other subdivisions). There are laws in many states that protect dealerships from GM pulling the plug on one of their brands. I don't recall the specifics, but if they were to shut down Buick or Pontiac, they'd have to pay out the nose to compensate the network of dealerships that carry that product. If Chrysler went tits up and declared bankruptcy, I believe that would be a different situation.

Which is why they need to file Chapter ?? (insert 13 or 11 there) so that they can bypass those and close down brands.


Pretty damn sure hummer can go too.