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Originally Posted by ranger58
Um GM is $35 billion in debt, did not think Holden made over 12 billion comodore's.
GM will be fine anyway, worst case scenario the US Government will take a large stake in the company. Ford and GM are like the banks in the US, they can not afford to go out of Business or the whole US economy will go down the toilet. They may decide to sell off Holden, but I doubt it as even though Holden has made a loss in recent years its still been a strong business prospect.
The fallout from all this is eventually all the big manufacturer will have Standard models of cars, locally designed and possible produced cars will be the exception to the rule.
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Yeah mate i know, i was simply alluding to the fact that there is a shyte load of crummydores there every year!
Im sure your right though, holden will pull through in the end.