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Although their product line needs a lot of work, killing them would have huge ripple effects (forget about the stockholders, consider the suppliers and debt hol
by comatose_kid 18y ago
Although their product line needs a lot of work, killing them would have huge ripple effects (forget about the stockholders, consider the suppliers and debt holders). So, yeah, we could let GM die, but the effects on the economy would be considerable.
Why would Toyota buy GM's factories? Retooling them for a completely different line of cars probably doesn't make sense, and I doubt Toyota would be interested in selling most of what GM has today.
I don't think there is an obvious solution.