Commercial Paper Funding Facility

Most banks are still frozen when it comes to lending money. People are finding it hard to finiance and refaniance. The federal reserve has the power to put out programs to help business in need of cash. Commercial Paper Funding Facility is a program, that is lowering interest rates, to provide more cash for businesses.

C.N.N. turns down Obama's offer and donates to McCain

Obama is paying as many channels as he can to win his votes on tuesday and show Americans what paople are going through. One channel turned him down. C.N.N. turned down Obama's offer of a half hour, and donanted it to Sen. McCain. Obviously C.N.N. is influenced by McCain and will vote Democrat.

CTS-V

Cadillacs are coming out with a new type of CTS. The CTS-V is a new vehicle that is being put out around November. With 556 HP It will be starting at 59,995!

Easy Credit Is Over

Banks aren't loaning money like they used to. According to an article ''U.S. consumers will find it much harder to get a credit card, and to carry large balances. Late fees will rise and lines of credit will be reined in. After years of buying homes with interest-only loans, or loans that allowed people to borrow more than the value of the home, substantial payments and downpayments will be required. Interest rates are also likely to rise.''
Credit is going to be a big problem in this country for a while. Banks are declining what are suppose to be approvals on houses and cars!

3 millionth GM Certified Used Sales Vehicle sold

GM Certified Used Sales Vehicle sold it 3 millionth car. It was a silver 2008 Chevrolet Impala LS Flex-Fuel model. The customer was Patricia Kemper and they gve her great gifts. She recieved $3,000 of gas cards along with extra features for her car. GM made her a very happy customer.

Commercials for the Chevrolet Traverse

Mary J. Blige, famous R&B singer has been in Malibu commercials. Mary J. Blige, along with other celebrities, will be in commercials for the new Chevrolet Traverse. These commercials and ads will be out untill December of this year.

Economical 09 Malibu

The 2009 Chevy Malibu is very fuel efficient. It has a 4 cylinder engine. It runs at 33 MPG with a 6 speed transmition . Doing much better than most other sadans.

GM sales in September

In September Gm sold 284,300 units. That's the best GM has done this year. Chevorlet Malibu's sales went up 192%. Poniac Vibe increased 61%. Gm is selling more pick up trucks and other vechiles in general. Almost 2,000 hyrid cars were sold in September incuding; 636 hybrid Chevrolet Tahoe, 374 GMC Yukon and 91 Cadillac Escalade. GM did better in there 3 quater then the second. Hopefully the fourth quater will be an increase in sales again.