GM wants to double its $5 billion revolving credit line. However, the junk credit rated company does not want to pay junk credit interest for it. “We think we can get it priced as if we’re investment grade, which is kind of one of our goals going into 2013, to achieve investment grade,” GM CEO Dan Akerson told Bloomberg yesterday in Sao Paulo.
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Signal11 - To me, this is just babble from on off-road “enthusiast” who is into doing extreme obstacles for recreational...
Athos Nobile - “makes this into something like a very large Corolla” I saw my coworker’s 4th gen Camry on a lift while he was doing some CV...
Marcelo de Vasconcellos - it’s a very good moment to be an engineer, geologist. South Africa has also been attracting Brazilian...
jeffzekas - I suppose if you are comparing BMW with Yugo, then said car would be considered “reliable”. BMW CARS ARE EXPENSIVE, HIGH MAINTENANCE, AND...
doctor olds - @HDC- theatrics= “…out billions upon billions of dollars…”, “not buying anything remotely resembling GM”. The shortfall appears...
jeffzekas - If you’re going to recommend an RX-8, why not go all the way, and tell him to buy an Alfa Romeo? “It is not because the truth is too difficult...
jeffzekas - “There is no reason a carefully bought M3 can’t be a reliable daily driver”- more proof that Beemer drivers are delusional. Even the BMW blog...
Whuffo2 - No matter what you buy, it’s a depreciating asset. As its value declines, it’ll want repairs, insurance, taxes, etc. Owning a car is more...
Whuffo2 - You’ve never actually done it, have you? Those older cars need more maintenance more often than modern vehicles. I can guarantee you that if you had this car in...
rpn453 - “Electric cars accelerate faster than ICE cars.” What an absurd statement. Which electric cars accelerate faster than which ICE cars?