Buying from bankrupt automakers
Original post made by Phil, Pleasanton Meadows, on Apr 30, 2009
What are the thoughts on buying from a broke automaker? Chrysler filed for chapter 11 protection and GM will be owned 50% by the government and 39% by the union. The best and brightest in terms of engineering talent are leaving GM in droves to work in the "private" sector so I suspect Toyota and Ford sales will go through the roof..........thoughts?