Duane Phinney
2009-03-28 12:42:18
Can GM survive?: That’s an easy one to answer, there is no way they can survive. Congress will not drop or modify the new (CAFE) standards. The technology is just not in place yet. The administration wants GM to build just small green vehicle’s, problem is the price, $8 to $10 thousand more. Plus no one wants them. If GM could not pay the $60 billion debt they owe in the good times, how in the world can they pay it now.
