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If GM declares bankruptcy and stops making the vehicles sold by a GM dealer, then that dealer will have to find something else to sell or go out of business. Some forms of bankruptcy do not require that the company stop operating, but merely require that they operate under the supervision of a court while they sell off assets and reorganize to better pay off their debts. In that kind of a GM bankruptcy, many GM dealers may continue to have product to sell.
What else can I help you with?
Do you know of any local GMC automotive dealers?
There are many local GM automotive dealers. A lot of the GM local automotive dealers are Pontiac, Chevy, Cadillac and there are a few more dealers that are local GM automotive dealers.
What is the cutlass automaker?
It was Oldsmobile! They are out of businees, but serviced by GM dealers. It was Oldsmobile! They are out of businees, but serviced by GM dealers.
How many jobs will be lost if GM goes bankrupt?
i dont think any one will know i dont think any one will know
If gm goes bankrupt what will pbg pay on a retirees pension?
For 2009 benefits are limited to those 65 years of age or older and about $54,000 annually in benefits.
How many times has gm gone bankrupt?
One time.
If you buy gm now and they go bankrupt you lose your money?
That's generally what happens when you make a bad investment. Stock is equity...ownership....not debt or a loan to the Company.
Does gm dealers service Pontiac vehicles?
Yes they do.
How much are gm bonds worth if gm goes bankrupt?
They have many different bonds issued, representing and secured by different things and asssets...each will be worth different amounts ranging from very little, even nothing to almost or entirely full value.
If gm went bankrupt would salaried retierees still receive their pensions?
Yes
Why did Pontiac go out of business and go bankrupt?
Pontiac never went bankrupt. Pontiac was a model built by General Motors. GM decided to stop building the Pontiac in 2010.
Why arent gm exchange traded bonds such as bgm hgm rgm trading?
I think they went bankrupt!
Cadillac deville - wait 3 minutes?
People have been ripped off. GM should have to fix this problem. Unfortunately GM went bankrupt. Now we are stuck.
