Business Week has an article on GM’s latest attempt to raise cash; sell everything that isn’t bolted down to the factory floor! The above photo shows some of the classic cars GM is going to auction off so they can declare bankruptcy 7 months from now, rather than 6 months 18 days from now.
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Those will end up as a nice investment down the road. Wish I had a few million lying around.
Hey, I recognize a few of those “future” cars from the GM/Packard car shows in the 70s/80s — niiiiiice!!!
I have dibs on the white Camaro RS convertible on the right.
Leno’s probably getting the whole collection.
I bet Toyota buys them and then resells them at a higher profit margin.
Ah, c’mon. That’s an evidence photo of a chop shop in Chino.