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Old 12-11-2008, 06:40 PM   #7
Corey
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Join Date: Nov 2008
Location: Florida
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Quote:
Originally Posted by ducati_atx View Post
why not just let the company die?

pretty sure we could do ok without pontiac, buick, and chrysler.
Not sure about the Chrysler situation, but GM is in a bind with Pontiac and Buick (and any of their other subdivisions). There are laws in many states that protect dealerships from GM pulling the plug on one of their brands. I don't recall the specifics, but if they were to shut down Buick or Pontiac, they'd have to pay out the nose to compensate the network of dealerships that carry that product. If Chrysler went tits up and declared bankruptcy, I believe that would be a different situation.
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