Just The Facts

Automakers: Seeking Billions from Uncle Sam

I agree, but it's still just one more small step to delay the inevitable.

Is One Automaker Default Almost a Sure Thing?

I'm not sure that any US automaker entering bankruptcy could emerge. That market is extremely competitive, and how many people would be willing to buy an auto made by a company that was bankrupt (what would the warranty be worth, could you get replacement parts if needed down the road, etc.)? To sell cars or trucks, they'd have to be priced so low that the company would be almost assured of operating at a loss for quite a few years, until their reputation was restored.


Our government might let Chrysler go down as the smallest of the three, now that it's private. But GM or Ford? Not a chance, I don't think.