Thursday, July 22, 2010

GM buys Americredit

$3.5 billion price tag, so they can finance automobiles, so its obviously a hug plus.

The other day, Harley Davidson's beat came from financial services (see page 5 below) so the importance of financing cannot be over-stated.

GM's move is a win for the economy, and the company.


Posted by at
Subscribe to: Post Comments (Atom)