In the event of a GM bankruptcy...?

Obey WARIO!

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What do you think would happen in the event of a GM bankruptcy? Very likely the unprofitable brands will be dumped and only the profitable divisions will remain, but which ones? Saab has already been dumped by GM and is bankrupt. Saturn is due to be sold off or phased out, and Hummer is on the chopping/auction block as well. But what do you think about the remaining brands? It's certain that GM will keep Chevrolet and Cadillac around as they are the most profitable brands. However, I honestly can't see the point of keeping GMC around because all it makes is trucks, and everything it makes has a Chevrolet equivalent. Buick and Pontiac are both up in the air though. They are niche segments, with Buick appealing to medium-budget luxury buyers and Pontiac being GM's performance brand. Both have extremely faithful followings but I am not sure if either would be able to make it alone in the long run.

Which brands do you think that GM is going to dump and which is it going to save? Why? Do you think that if GM combined Pontiac and Buick into one performance luxury brand it would be successful?

And another thing--say GM does dump Buick. Would they keep the Enclave (one of GM's most profitable models right now) and slap the Cadillac nameplate on it (with a few more features) or probably just dump it along with the rest of the Buick line? (This goes for any model...could a Pontiac G8 live on as a Chevy if Pontiac goes, etc...).

Thanks for your answers.
jjoshie, obviously you haven't been watching the news lately. There ARE strings attached to this money--they're LOANS that have to be paid back, not handouts like the bailouts given to AIG and banks.

And GM IS selling cars that people want. The Lambda platform of crossover SUVs (the Buick Enclave, Saturn Outlook, GMC Acadia, and Chevy Traverse) are some of the best-selling GM products right now, and GM is due to release the most efficient hybrid car ever next year--the Chevrolet Volt. It's estimated to get the equivalent of over 140 mpg.

GM cars are quite affordable now for what you get, and they're a heck of a lot more reliable than comparable foreign cars. And GM's executive isn't getting a bonus or a private jet. Rick Wagoner was kicked out and Fritz Henderson sure isn't getting a massive bonus or private jet...please, get your facts straight.
 
I believe the government should not even give them a bailout, because they are selling products people don't want, cant afford and the market is pointing towards hybrids. At the very least, the government should be giving it to them with strings attached, so they cannot buy private jets or give massive bonuses to high up employees who put them in this mess in the first place.
 
your question is pretty much the answer, your right about most of it except for the truck division GMC is a big name brand in truck they wont allow that to go .
 
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