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Posts tagged "auto bailout"

Auto Industry Looking Ahead

Posted by Staff - January 13, 2009 - Service Update

As you may know there was one auto industry that had their ducks in a row and receive a bailout from the white house treasury of 17.4 Billion dollars to GM and 5 billion dollars to GMAC of last week. But, hold on it gets even better. GM has lowered their credit standards from 621 [...]

3 Words (WOW)

Posted by Staff - December 12, 2008 - Service Update

This is the story of the year bar none, and we know you heard the news already but for the people that don’t watch TV in the last 48 hours this story is for you. The GM and Chrysler auto bailout was declined so they did not get the 14 billion dollars, that they needed [...]