GM Inside News Forum - View Single Post - J.D. Power Warns of "Outright Collapse" of Auto Industry

Bvonscott · 10-10-2008, 12:10 PM

No no no. If the auto industry collapsed, and the detroit automakers went belly up, MILLIONS of people would lose their jobs. MILLIONS. All the plants, all the dealers, all the parts supplies, majority of auto shops. Plus the stock market would crash. Entering a full depression. So where would people go to get there car fixed? Or anything else auto related? The public would be up in arms!

Trust me, the government knows this, they will step in and help detroit at the last minute. Too many taxpayers to lose.

10-10-2008, 12:10 PM	#11 (permalink)
Bvonscott 4.6 Liter Northstar V8 Join Date: Feb 2005 Location: California Drives: 07 GMC SIERRA VORTECMAX Posts: 1,989	Re: J.D. Power Warns of "Outright Collapse" of Auto Industry No no no. If the auto industry collapsed, and the detroit automakers went belly up, MILLIONS of people would lose their jobs. MILLIONS. All the plants, all the dealers, all the parts supplies, majority of auto shops. Plus the stock market would crash. Entering a full depression. So where would people go to get there car fixed? Or anything else auto related? The public would be up in arms! Trust me, the government knows this, they will step in and help detroit at the last minute. Too many taxpayers to lose. __________________ Member of the: I Will Never Buy a Japanese Car In My Life Club. www.BADBOYVETTES.com C6 and C6R rule!