Tuesday, June 2, 2009

Don't expect a GM fire sale

http://money.cnn.com/2009/06/02/autos/gm_deals/index.htm

What is this item about? Now that General Motors has filed for Chapter 11 bankruptcy protection, car shoppers might figure they're about to get screaming deals on GM cars and trucks. BUT THEY REALY WONT .

Why did you choose it? i chose this article because its saying jus because gm is in bankruptcy doesnt mean everything is going to be extremely cheap , like when circuit cut went bankrupt.

Do you agree what happen in the item? yes i agree with this article that just beacuase there bankrupt doesnt mean its going to be cheap.

Do you think the information was presented fairly? yes it was presented fairly and very accurate

Would you use this source again? yes i would , i beleive that cnn presents better than any other news source

2 comments:

  1. o sucks they better.....people might actually buy their cars!!

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  2. Just because they file for bankruptcy doesnt actually mean there gonna go crazy and sell all their cars to regain money. Gm is gonna need to stabilize their money before they get their business running smoothly again and reassure consumers trust.

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