Rumors of bankruptcy or going out of business entirely...and surprise...sales drop!
Who in their right mind would think of buying GM/Ford/Chrysler now?
If they aren't going to be around....why bother.
If the car breaks down, who really wants a gov't backed warranty program to fix it? It'll take twice as long and cost twice as much, IF it can be fixed at all.
You'll have to hire a private mechanic to fix the government mechanic's mistakes
Automakers and their union vampires brought this upon themselves.
Screw them and their new CEO...aka President Obama...
"IF IT AIN'T BROKE, FIX IT UNTIL IT IS" President Obama's new motto.
“You’ll have to hire a private mechanic to fix the government mechanic’s mistakes”
Change some words from mechanic to Doctor and you are discussing health care,
And what do you suggest for those us that are soon to be in the market for acquiring a new or fairly new used car?