Quote:
Originally Posted by Don
If someone( s ) would comment........
A con on GM or Chrysler going into bankruptcy is the outstanding payments to dealers for warranty work would cease and the dealers would then be subject to the terms of the bankruptcy for payment. During the future days, weeks & months the dealers will be hesitant to perform warranty work, further complicating the customer relationship with GM and the dealers.
Correct or ?
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That's the bad side of the coin. In bankruptcy, the union workers would take serious pay and benefit cuts. That will please them so much that there won't be any warranty work necessary. They will all do their work to perfection.
Unless the coin has a bad side and a worse side........................