Forum Discussion
philh
Jun 18, 2015Explorer II
goducks10 wrote:philh wrote:
FCA is 18-24 months from bankruptcy.
Wasn't GM in the same boat at one time?
GM went through a bastardized Chapter 11 Bankruptcy
Chrysler when through a bastardized Chapter 7 bankruptcy
Peter DeLorenzo has been writing on the auto industry for a couple of decades. His analysis is always spot on. This particular article is probably the best he has written.
http://www.autoextremist.com/current/2015/6/7/brother-sergios-traveling-salvation-show-is-running-out-of-g.html
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