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Originally Posted by TheMercenary
Well now that bankruptcy looks more inevitable what about their hundreds of suppliers and all those small/medium businesses? Isn't much of that going to happen anyway?
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They may, or may not, fail in the future, but they were paid for what they produced in the past. I'm sure some will fold, some will survive by changing their product line, and some will continue to make autoparts, but at least they're starting into the future without being in an impossible hole.
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I watched an interview with the interm CEO and he said they are going to produce only one pick-up truck in all of the GM family. That alone is huge. Not to mention re-tooling costs, etc. Not to say it is not an inevitable evil anyways, just that we poured billions of tax payer $$ into a hole that would never have been saved in the first place. I don't know. But I am not happy about it.
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I think they are talking about eliminating either the Chevy or GMC line of trucks, which were identical except for trim anyway. I can't imagine not having the choice between 2 or 4 wheel drive, that would suck. Eliminating the choice of 2 or 4 door, maybe. Long or short bed, probably.
More likely they are talking about one line, rather than one truck.
It wouldn't be additional tooling but eliminating some existing tooling, other than changes, which is possible.