How To Get Out of a Contract – by General Motors
In order to save every last penny, a Federal Judge gave struggling auto maker General Motors the ok to cut over 50 sponsorship contracts before their terms were up. Does this mean no flashy Chevrolet Cruze commercials for Transformers 3: Revenge of Michael Bay?
If you’re stuck in a lease, contract, or other legally bonded agreement with a signed document in tow just follow these easy steps (as GM did) to get out of it:
1) Make something many people want but no one can afford (ie: giant SUV’s) when you should be making something smaller and, for example, more fuel efficient.
2) Run out of money after making mass amounts of said product and having it not sell due to global recession.
3) Call your local Government for billions of dollars in bailout funds.
4) When that doesn’t work, tell them if you can get out of this (contract/lease/etc) because it’s too expensive they’ll give you the ok!
According to Detroit News, not even iconic and historic structures are safe. The giant Chevrolet Clock at Times Square will no longer brand a Chevy logo – as it has since the 1930s. The clock underwent an expensive, and major technological redesign in 2007. Estimates have been thrown around for how much all this will save GM, we’ve heard anywhere from $31 to $82 Billion dollars.
Leave a Reply