GM filling for chapter 11 on monday

[bmblebee]

Originally Posted by Rider

Filing bankruptcy does not mean they are going out of business. Things are going to change sure but GM will still be around cranking out cars.

How will they be cranking out cars next year when people don't/won't buy their cars today? The bailout of GM was strictly to prop up the UAW. The best and brightest engineers and designers will bolt from GM before the dust settles...