Thursday, September 30, 2010

Car Buying Tips To Save You Money

Car Buying Tips To Save You Money

AmeriCredit Auto Finance Sold To General Motors

Posted: 29 Sep 2010 08:24 PM PDT

AmeriCredit shareholders approved a 3.5 Billion Dollar acquisition by General Motors that has been in the works since June.

General Motors needed a way to offer financing to those with medium credit and AmeriCredit was seen as the solution. AmeriCredit stock rose 7 cents and this should give GM a confidence boost before their initial stock offering.

The question is; Do you see General Motors as a stronger company now as compared to pre-Government GM?
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