Direction of the Country

[tw]

Originally Posted by TheMercenary

I'd be more worried about getting parts for it if it breaks down in the near future.

Most replaceable parts are also manufactured or remanufactured by third parties.

GM executives were selling their holdings when the stock was about $1.30. Stock is now $0.75 per share. What fool was buying GM stock? Rumors now suggest that GM stockholders will not be wiped out by a bankruptcy.

GM will exist. But the financials are finally reflecting GMs true value and profits from its products in the past 20 years. Money games are how finances are subverted to make true value. But economics eventually takes revenge. Massive reduction and selling of its more productive assets (Opel, GM locomotives, etc) is essential. None of this will affect the availability of parts.