Wednesday, December 31, 2008

GMAC, putting their money where there mouth is.

General Motors is in the process of putting their newly found money to use. Im a news conference yesterday they announced new financing to be offered by their dealers. GM said it would offer 0% financing on five 2008 models and 0.9% to 5.9% loans on dozens of other 2008 and 2009 models in a year-end sales push backed by GMAC. I think this is what the government want's to happen with the money being pumped into financial institutions. Get the funds to the people as soon as possible.




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