Re:Ask YC: To save GM or not?
by redrobot5050 on Thursday November 13, 2008 @04:00PM
(#363586)
Opal, their major EU brand, is profitable. Like BMW brought us the mini-cooper, a GM bankruptcy could bring us tiny turbo diesel cars that get 50+ MPG and run forever with non-chintzy interiors.
I know I'm dreaming. This money is going to be spent selling us the hummer H4 until gas hit $8/gallon, but there are entirely profitable segments of GM that could be swallowed up wholesale. The wealth-incinerating assets should simply die.
I know I'm dreaming. This money is going to be spent selling us the hummer H4 until gas hit $8/gallon, but there are entirely profitable segments of GM that could be swallowed up wholesale. The wealth-incinerating assets should simply die.