[jalisco555]

I think GM will still be around, mostly because we will see a massive overhaul of the company within the next few years that will shed the company of its Buick, Pontiac and Saturn divisions in favor of Chevrolet, Cadillac and GMC divisions. Essentially, Chevrolet will become badge for almost the entire Opel line (which will be built in the USA to cut development costs), Cadillac will sell higher-end models and GMC will be the sole division selling light-duty trucks.

The problem is that state franchising laws make it almost impossible for GM to close divisions. Their legal obligations to their dealers make this prohibitively expensive. It cost billions to close down Olds and they don't have the money anymore. This will only happen if GM declares Chapter 11 which will void their dealer contracts.

[RayChuang88]

This will only happen if GM declares Chapter 11 which will void their dealer contracts.

I believe that we could see GM go into Chapter 11 bankruptcy in order to totally revamp its finances and re-emerge as a much more streamlined company selling vehicles that people really want.