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In the first quarter of 2009 Chrysler will go into Chapter 7. GM couldn’t swing the deal and Carlos Ghosn only offers fifteen cents on the dollar of its liquidation value.
Ford and GM will have burned through their remaining cash and will go into Chapter 11.
Obama could find himself presioding over the end of the US auto industry. One out of every fourteen people in the US are associated with this industry.
What does he do?
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2000 Ford F-350 SC 4x2 6 Speed Manual
4" Slam
3.08:1 gears and Gear Vendor Overdrive
Rubber Conveyor Belt Air Dam
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