The state of Michigan is bracing for a potential merger between GM and Chrysler, owned by Cerberus Capital Management. The proposed merger, or thought of one, would surely mean the loss of many jobs as multiple plant closings would be a result of planned efficiencies between the two companies. GM is currently negotiating with Chrysler's parent company, Cerberus Capital Management, on the deal.
Any possible deal could be a major blow to the state of Michigan and the local economy. If thousands of people lose their job through efficiency cuts, it could mean even more bad times for a state that has already been kicked hard by the auto sector's woes, a horrible housing market, and the current credit crisis.
To help people in the faltering economy, LeaseTrader.com helps people out of a financial pinch by giving them the option to transfer their leased vehicle over to someone else.
This story posted by LeaseTrader.com, the automotive service company that lets people transfer out of their Car Leases early. If you're looking to swap a lease or transfer out of your car lease, please visit www.leasetrader.com