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Published on June 2nd, 2009 | by Michael J Smith


Hendrick Speaks About GM Bankruptcy

hendrick1With General Motors filing for bankruptcy yesterday, Hendrick Motorsports owner, and chairman of Hendrick Automotive Group Rick Hendrick said:

I have an unwavering faith in the company’s leadership team and our government’s commitment to support this reorganization. After all of the efforts of the past several months, it’s unfortunate that bankruptcy has become the only option, but we at Hendrick Automotive Group and Hendrick Motorsports are certain that GM will emerge from this stronger and better equipped to compete than ever before.

He added that service will not be affected at his 27 GM franchises. This includes warranties and parts, he said.

In conclusion, he said:

It has been a great privilege to be a small part of GM’s rich history, and we are looking forward to an even brighter future together.

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About the Author

Michael J. Smith is a NASCAR enthusiast and blogger. In addition to founding this website, Michael is a journalist with over a decade of experience writing for prestigious media organizations.

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