Originally Posted by
senecacaptain
GM: Ch.11 in 2009. Filed after there request to merge with Ford was declined by Ford.
Chrysler: Ch.11 in 2009
Ford: almost filed but avoided it. some believe better management and a better product line (F150 pickups v PT Cruisers and Buick Lacrosses) helped them narrowly avoid Ch 11.
Im dusting off memories but I think Ford also had fortunately practiced a contrasting debt and liquidity model prior to the crisis which helped when things went bad?