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Countdown To GM Bankruptcy

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Uploaded by on May 30, 2009

As one of America's largest car companies, General Motors, will file for bankruptcy, Randall Pinkston reports that there is great concern for the future of the employees of this troubled automaker.

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All Comments (31)

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  • 1:20 "thanks horny"

  • seek the Way of Yahweh instead...and trust Him....

  • was more exciting than a nye countdown! :P

  • At least you're able to admit the union contracts are "one thing that's killing them".

  • "This is what's killing them"

    That's one thing that's killing them, the other is the fact that the model that has served them so well in the past (SUVs, pickups, bigger luxury cars, etc.) is no longer sound in an ever changing market place.

    There *are* plenty of people who still need pickups, and plenty who still like SUVs (I'm one of them), but there's no denying that *right now* the market is shifting to vehicles like the Honda Accord, etc.

  • you got that right. Besides, to recharge the battery, you'd need more energy which harms the environment.

  • What they need to do is re-negotiate the union contracts. This is what's killing them. Even though some union workers might get "laid off", many are still getting paid with benifits.

  • fuck gm kill them over for good

  • "get ready everyone the government will be selling cars with the fragility of an eggshell and the engine power of blow dryer"

    Of course I could point out that *if* the American consumer really cared about big vehicles, GM would be sh__ty green, sense *Big* vehicles are what they made best.

    I could also point out that *big* vehicles are *exempt* from fuel standards because they weight more than 8500 lbs. (so the government *isn't* what's taking your *big* vehicles).

  • "Fk GM...They killed the electric car"

    Damn, that myth never gets old does it?

    What "killed" the electric car was the fact that *no one* in their right mind would pay $100,000 for a vehicle that could go FIFTY-MILES on a charge (that took *HOURS* to recharge when the batteries were drained).

    The EV-1 was a fine novelty, but it wasn't (by itself) a "solution" to anything.

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