Classic Car Watches

While GM and Chrysler struggle to lift themselves out of government debt and still retain a viable business model, Ford has weathered the recession quite well.  Ford, unlike the other two major American carmakers, is suffering, but not to the level of bankruptcy.  Ford has done some significant restructuring in order to remain viable in this recession, and while Ford isn’t making much more money than GM or Chrysler, their business is, for the moment, secure.  Ford was arguably the first carmaker in the world, and though Ford didn’t invent the car, the production line which allowed mass production of automobiles was their innovation. 

With GM and Chrysler on the verge of bankruptcy and disbandment, Ford seems like it could be the last American carmaker.  But the real question is, where American carmakers have failed in the last several years, can Ford turn it around to be competitive with foreign carmakers and return to its former glory.  Time will tell, but for now, it seems Ford’s future is secure.  Ford collectibles like a Ford watch might come to represent more than just the brand, but of America’s last hope to keep the premier car manufacturer in the nation that invented the process. 

With General Motors shares almost to the level of being considered penny stocks, it’s possible the situation has never been quite so dire for the industry titan.  GM has been providing Americans with reliable automobiles for almost a century, and without GM, the auto industry around the world wouldn’t have been the same.  The company is now poised to file for bankruptcy, though there is some hope that it will be able to convince the government of its viability and secure a new loan.  However, based on GM’s performance in the past few months, it doesn’t seem likely they will be able have all their ducks in a row before filing for bankruptcy.

The real question is, what will happen to GM after bankruptcy is declared?  Several companies have emerged from bankruptcy in the past, and while GM doubts that customers will want to purchase from an automaker who has declared bankruptcy, in the last year they’ve made some efforts to get back on track.  With electric cars and hybrid/electric cars on the horizon, and the recent success of vehicles like the Chevy Malibu, GM just might be around for the next century too.  But purchase your GMC watch, clocks, posters, models, and paraphernalia now, because these soon might become collector’s items!