jtareen

AutoNation: GM Dealership Closings Will Have No Impact

No impact for auto groups who have stock listings on Wall Streets, because their stock prices will go up, because under performing assets are made to disappear. The real losers are the employees and owners of the small to medium size individually owned stores. These stores not only generate employment, but for many are the only assets the owners have and not to mention the tax revenue they generate for local cities and towns, and also not to mention the little leagues they support.

A GM Collapse Would Signal Hope for Robin Hood

Let us assume for a moment that GM fails and vanishes. Who is going to warranty repairs on their new cars?There must be tens of millions of GM cars and trucks out there which are still under warranty. Does anyone have a view on this?I guess same would be true for Ford and Chrysler.