Drivers worried about GM bankruptcy -, South Georgia News, Weather, Sports

Drivers worried about GM bankruptcy

By Delivrine Registre - bio | email

ALBANY, GA (WALB) - John Campbell drives his family around in a GMC Yukon and says he wouldn't drive anything else. "I prefer GM products because they are reliable and easy to work on."

And he hopes that won't change if Americas largest automaker files for bankruptcy. "Parts are always going to be available, and I can work on them. That's why I like them," said Campbell.

Union workers are making compromises as brands such as Pontiac and Saturn are eliminated under the ruling. "I am kind of sad about it because a lot of people are losing their jobs behind it. GM has been a very good force in our economic system," said Tony House.

As many as one-in-five cars sold in the in the U.S. will now be made overseas. "Although the cars are made overseas, they do employ Americans through dealerships and manufactoring,' said Donna Edmond-King.

"If you really want to get Americans to buy American, they have to step up to the level of other nations who are creating cars," said House.

And they are trying to do that by focusing on their stronger brands and making smaller cars. "We need more green vehicles, with higher fuel effeciency and are affordable," said Edmond-King.

GM's stock tumbled to the lowest price in it's 100-year history, closing at 75 cents on Friday. "I am definitely concerned with the amount of jobs that are lossed here as the auto industry struggles to make themselves viable, but I am hoping for the best," said Edmond-King.

Hope that now drives many Americans who have become victims of the weak economy during this recession.

General Motors has not confirmed that they will seek Chapter 11 bankruptcy protection, but they have scheduled a news conference Monday in New York.


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