GM has no Cash to acquire Chrysler! Now seeking government assistance

Oct21

GM has no Cash to acquire Chrysler! Now seeking government assistance

Auto News | By David Walker, LeaseTrader.com | Add Comment |

 

GM has no Cash to acquire Chrysler! Now seeking government assistance

GM has no Cash to acquire Chrysler,! Now seeking government assistance 

By David Walker LeaseTrader.com

 

General Motors and Cerberus allegedly want to move as fast as possible if they are going to make a move on the acquisition of Chrysler.

It seems that they need to make a decision before the Presidential election because they will get more support from either candidate before the actual vote has taken place. It seems that the only alterative is to get government backing for the deal. General Motors thus far has no capital or support from any investment firms willing to take a gamble to help GM acquire Chrysler LLC .

Lets See what happens

 

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This story posted by LeaseTrader.com, the automotive service company that lets people transfer out of their Car Leases early. If you're looking to swap a lease or transfer out of your car lease, please visit www.leasetrader.com




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