InvestYoung

Preliminary Talks!

It seems that Chrysler and General Motors are discussing a merger or acquisition between the two. Chrysler, which 80.1 percent is owned by a company called Cerberus, already has a joint venture with GM. I was reading that Cerberus is making a hybrid gas-electric powertrain for GM. They also have for sometime now been talking about a full merger or acquisition. Cerberus, which is a private equity firm already owns 51 percent of GMAC Financial Services. Here’s one of the ways they would like to pull a deal off. Both sides have proposed trading Chrysler to GM in exchange for GM’s remaining 49 percent stake in GMAC. If both side feel this would be a fair trade I say go at it. Unless both sides have the cash on hand to make the acquisition it will never get done. With all the turmoil going on who knows what will happen next. I also wonder how this years 2008 Black Friday will end up. That’s the biggest day for retailers. Anyway, GM and Chrysler should join together; it would keep both long-term companies alive.

Auto Loan!

Is anyone in need of an Auto Loan? If so just click on the link within this post. I know what most of you are thinking right now. And I asked myself the same question, “how in the world am I going to get a auto loan?” Believe it or not there are banks and other sources of lenders out there still approving auto loans. The site in this post can help you get a quick approval online within minutes. And the loan can be used on new or used autos. So go ahead and check the site out, you just might be driving away in your new car.

Rate Your Auto!

Are you looking to purchase a new or used car in the near future? If so I found a site you won’t want to pass up. So the next time you see an ad, used cars for sale think of 123Auto.com. Let’s say you’re like me and want a Nissan 350Z. You can visit the site and use their search tool to find reviews on the Nissan 350Z. The reviews I came across where very helpful and informative. And while you’re at the site checking out reviews for your next car enter for the Drive, Rate and Fly Contest. If you want to know more about the contest you’re just going to have to visit the site.

Smart Fortwo Micro Car!

We’re being invaded by the Smart Fortwo micro car. Yes it true, Daimler Chrysler has giving us the Smart Fortwo. This car has been in use in Europe for the last 10 years. Now it’s here in the United States, and there’s a 9-month waiting list to get one. This car is only a 2 seater and gets about 33 miles per gallon in the city and 41 on the highway. Those numbers to me don’t compare to safety in my book. Though I’ve heard this car is very safe with new rollover technology built in. I still feel you wouldn’t really have a chance against most trucks on the road. I won’t be getting one anytime soon, but maybe someone out there will. I would say, do your research before you buy any new car or truck.