Which of These Car Companies Will Go Bust First?

[tuckevalastin]

most of the GM votes are popularity votes coming from people who just don't like GM

[*MAD DOG*]

Originally Posted by tuckevalastin

most of the GM votes are popularity votes coming from people who just don't like GM

That's one of the reasons why I voted for them

[Kal-El]

Originally Posted by tuckevalastin

most of the GM votes are popularity votes coming from people who just don't like GM

No, it's because GM WILL fail first. It's simple arithmetic.

The reason people are voting for Chrysler is because Chrysler is building the worst cars and they are but they don't know the actual financial situation of the companies. Chrysler has MORE money on hand than GM even though they are much smaller and need much less money to run.

Right now, it doesn't matter who is building the best car line-up. In the end, whoever runs out of cash first, goes first. And that will be GM in less than 60 days.

It seems like people are voting based on the quality of the product lines. It is simply irrelevant during this crisis where people just aren't buying cars anyway. Companies are living off past savings and GM has the least of it.