Chrysler and GM are now very likely gonna enter bankruptcy
My prediction: Ford will join the crowd in about a year. Their comparative cost structure will be so uneconomical when competing with the ones in BK, they will be forced into chapter 11. This is what has happened to airlines. They just keep entering and coming out of Chapter 11 without ever making much profit. Same fate for the “Big 3” as far as the eye can see or they go away.
