Teachers and Students > Debates
General motors bankrupt again
Q80BOY:
how can a business as big as GM go bankrupt?
i mean here in kuwait maybe 65% of the cars are from GM .. those people visit the service centres etc. and this happens all over the world .. not to mention the number of cars bought daily world wide from GM .. i dont understand how they go bankrupt .. TWICE !! :S
astarmathsandphysics:
GM has been on the verge of nankruptcy for 30 years. It was always going to happen. There is not a car company in the west now maybe that is not in major trouble and begging for governement help.
Q80BOY:
--- Quote from: astarmathsandphysics on September 11, 2009, 01:15:25 pm ---GM has been on the verge of nankruptcy for 30 years. It was always going to happen. There is not a car company in the west now maybe that is not in major trouble and begging for governement help.
--- End quote ---
sad thing .. so does that mean that companies like Hummer and Cadillac will also go bankrupt? =/
astarmathsandphysics:
I think tGM will be broken up. Hummer will not go bankrupt cos they supply miltary vehicles, much in demand now.
Q80BOY:
--- Quote from: astarmathsandphysics on September 11, 2009, 01:52:21 pm ---I think tGM will be broken up. Hummer will not go bankrupt cos they supply miltary vehicles, much in demand now.
--- End quote ---
ahaa ..
or maybe GM will sell their brands to other comapnies like TATA bought jaguar =/
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