After Chrysler filed for bankruptcy, it cut a large number of dealers, from which consumers can buy Chrysler cars with the biggest discount. So far, GM's plan to cut dealers has been very slow. However, Jeremy Anwyl, CEO of Edmunds.com Automotive Information Company, believes that this situation may change once GM files for bankruptcy. At present, it is obvious that the economic recession has made many car companies flock to customers. Anwar said: "Now is a good opportunity to buy a car." However, companies filing for bankruptcy may not sell cars at that big discount. Edmunds.com research shows that after Chrysler filed for bankruptcy on April 30th, its profit margin increased in May. Edmunds.com analysts said that this is because consumers think that the car price discount is already high, so they will not actively bargain. Anwar said that the bankruptcy of GM has little impact on the owners of GM, because auto parts are still easy to get, even the brands that GM is ready to give up. However, in rural areas, due to the decrease in the number of dealers, the maintenance time may be extended. What impact will GM's bankruptcy have on the economy? The bankruptcy of General Motors will be the biggest bankruptcy case in American manufacturing history, which sounds like a bad thing, but the Obama administration is trying to minimize the adverse effects. Due to the decline in car sales and the long-term challenges, both GM and Chrysler need to downsize and lay off employees. If the government does not provide assistance, GM and Chrysler may go bankrupt, which will make more workers on the assembly line unemployed, and may also bring a wave of supplier closures, which will affect other automakers. The impact of the collapse of the automobile industry will spread throughout the economy-from car dealers to design studios to advertising companies. By providing assistance to GM, President Obama can make GM "slim down" and continue to operate, and avoid the impact of GM bankruptcy on the overall economy. Even with government assistance, GM will lay off 20,000 people, and the auto parts industry will also be affected. Visteon, a major American auto parts manufacturer, just filed for bankruptcy last week. However, if the government does not provide assistance, the bankruptcy of General Motors will lead to 6.5438+0 million people losing their jobs, and may increase the unemployment rate in the United States by 654.38+0 percentage points. Government assistance to GM will not immediately lead to an increase in taxes. Moreover, if the American auto industry goes bankrupt in disorder, the federal tax revenue will also be negatively affected. (