Just announced Bush has passed a 17.4 Billion Bailout fund for two of the Big Three. Chrysler and GM will get the funds while Ford says they dont need the loan at this time. (kinda makes ya wonder what Ford is up to).
I know being in the auto retail biz myself that this will soon help move some cars, however, its not going to happen overnight.
Now lets see how many other companies start requesting bailouts.
Fun days.
-RPM
I know being in the auto retail biz myself that this will soon help move some cars, however, its not going to happen overnight.
Now lets see how many other companies start requesting bailouts.
Fun days.
-RPM
