What if General Motors Files Bankruptcy?
With Delphi in bankruptcy, GM will take a huge hit and corporate high powered investors are looking at ways to take advantage of an asset rich company, which simply needs to re-invent itself a little. General Motors has re-invented itself many times. During the Deming Years, during World War II and now it is time in this present period to rachet up the volume and go again.
What if the Foreign Automakers gain more ground in market share in the forth quarter of 2005 and the first and second quarters of 2006? What if Ford’s response to General Motors sets off a huge price war in the industry wiping out all of General Motors retained earnings?