There were 2 news items today that would make me pretty wary of getting either a new or recent GM or Chrysler product:

1) GM continues to be unable to control their losses of capital. They again have blown right past their predicted losses for a quarter. I personally think bankruptcy has become their only option.

2) There was an interesting article about how car insurance rates have to be increased a lot for owners of car lines that are discontinued/bankrupt. It’s because as the number of dealerships are reduced, repair parts become more difficult to find and damaged cars are totaled at lower damage levels because their resale values have plummeted.