If GM goes under
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There will still be a market for the Vette. Some parts may get scarce though. However, IMO GM is not going under - the government will help them out.
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Melting Slicks
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From: Scottsdale Az
They turned down developing electric technology and went with the H2 because of the oil money involved. They turned down millions of dollars from people who wanted to buy the EV1s and instead crushed them. They get no help unless they fire all the top management and start over IMO.
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Melting Slicks
Joined: Oct 2006
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From: Fredericton NB
There is no way that both our respective Governments' would allow GM to bite the bullet as such...
It just won't happen...
Instructor
Joined: Mar 2008
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I think GM and Ford are safe. Ford is the least in the red, so it would take the least amount of money to bail out. GM is the biggest, if it goes under.... well if you think things are bad now...... Chrysler is in a bad place. If the gov only bails out two, Chrysler would be third man out. If GM survives, the venerable corvette would survive. There are several other cars that would be sacrificed first.
IMHO
T of T&C
IMHO
T of T&C
Safety Car
Joined: May 2006
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From: Northern Virginia
St. Jude Donor '08
In the short-run I think it will hurt the vette market, however, in the long-run vettes may appreciate in price if GM stops making them or radically changes them as some have speculated.
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From: Chicago-NW Burbs Illinois
Burning Brakes
Joined: Aug 2005
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From: Notorious Miami sunny south florida
Maybe some one would buy just there covette divition and they would become exotics . you never know it to nice a car to let die out they may be dumb but not stupid. its a future gold mine
Last edited by road dog; Nov 12, 2008 at 12:37 PM.