General Motors has released a video explaining in detail what would happen if they, together with the other two thirds of the Big 3 in US collapses. Obviously to be used as one way to convince their government to aid them. No use explaining more in details here, watch the video after the jump.
VIDEO: What would happen if GM collapses?
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AI-generated Summary ✨
Comments largely express strong opinions that GM, Ford, and Chrysler should be allowed to declare bankruptcy and restructure or shut down, citing their poor management, uncompetitive products, and union issues. Many believe their collapse would have a domino effect on the US and global economy, risking a recession or depression. Some propose government bailouts or nationalization, while others suggest foreign companies like Hyundai could take over. Overall, sentiments range from concern and critique to cynicism about the auto industry’s future.