How far will GM fall short term?

Anyone going to buy it up at $2 or less? Many people have already stated that they will not fail.

Even if GM somehow survives, what would the risk be that shareholders get driven to zero with more government money infusion?

define short term? IMO it's a zero in the intermediate term.

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"We cannot, we must not, and we will not let our auto industry simply vanish," Obama said from the White House.

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The administration also said a structured bankruptcy is possible.

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Who in their right mind would buy a GM vehicle right now?

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Who in their right mind would buy a GM vehicle right now?

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Just curious, but if one is looking for a used car and you like the styling..why not?

For that matter..why not a new one?

I seriously doubt that auto repair shops are going to simply stop working on GM vehicles.

As for the quality control slipping; it's certainly possible, but I haven't heard anything about it before now. Interesting take though.

I mean, some will because it's a down economy. But I don't think it's going to be that big a deal. Right now there are like six repair shops within aabout an eight minute drive of my house. If that number drops to four, I may be slightly inconvenienced, but not really.

And acording to Obama GM warranties will be backed by the FF&C of the US government. I happen to think this is an awful policy, but there you have it.

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Plus, I can't imagine that the people that are manufacturing the new cars are in great moods...I am guessing corners are getting cut, quality is suffering, etc.

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One reason quality may not slip is that the line speed at these plants are probably as slow as possible. The workers probably now have 2 minutes to mount the screws of the "OH @^#%" handles.

Quality at the GM plants right now should be higher than ever. They know they are in the media's eye everyday and on the verge of failing completely.

Chicken, I wouldn't put too much stock in how you hear about them everyday and not other companies. You know the media will keep reporting on them until something new and exciting comes up. It's just the hip thing right now.

Even if half of the service stations go away, there are still many GM shops out there. If they're smart, most will start to train with the imports now, but you will not see people having to drive two counties over just to get service.

My concern would be disgruntled employees sabotaging cars, but I seriously doubt that is happening with unemployment the way it is. I know some people just don't care, though.