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In the news: According to a source familiar with the situation Cheap Tom Johnson Jersey , General Motors Corp. is already in the preliminary stage of buying Chrysler. News of the said transaction was first reported by trade journal Automotive News. However, GM and DaimlerChrysler have both refused to give their comments on the said report.

The news has brought favorable effect on DaimlerChrysler?s stocks which rose to a significant degree. The same goes for GM shares although it slipped at first but was able to recover and moved higher in the end. DaimlerChrysler shares have increased by 3.5% to $72.72 in midday trading on the NYSE while GM shares rose by 19 cents and closes at $36.63.

Automotive News has cited unnamed source in Germany and the United States saying that the two automakers engaged in high-level transaction with topics such as buying the Chrysler Group in its entirety.

Reuter?s source however said that the possibility of whether GM would want Chrysler?s finance business is very slim considering the fact that it has recently sold its own finance arm. Various speculations on the possible sale or spinoff of Chrysler have started when DaimlerChrysler Chief Executive Dieter Zetsche announced recently that all options were open for its struggling North American unit.

A great number of analysts are skeptical about GM?s possible acquisition of the Chrysler Group. They are questioning the benefits that General Motors would obtain out from such a buyout. It should be noted that both automakers are currently struggling with their excess production capacity, plunging sales - add to that their heavy exposure to trucks and sport utility vehicles.

According to David Feinman, a fund manager who specializes in distraught debt with Havens Advisors Cheap Xavier Rhodes Jersey , he doubts that world?s largest automaker and producer of quality auto parts like the GM bug shield, General Motors would really pursue a deal as lucrative as buying Chrysler. Aside from that, both GM and Chrysler have a large number of overlapping models and a merger between these two companies would only further result to more job cuts and not so competitive products. ?If they do merge, there would have to be a massive streamlining and there would be hundreds of thousands of more jobs loss. The only one to benefit would be Daimler because they would get rid of their Chrysler Cheap Joe Berger Jersey ,? added Feinman.

State Treasurer Robert Kleine has also shared the same observation as Feinman and he said that the merging of General Motors and Chrysler would produce a negative impact since it would trigger more job cuts which will result to decline in incomes and property tax receipts as well as sales and business tax revenues.

Kliene has also admitted that there is very little that the state can do to prevent a possible merging. ?There?s not too much we can do about the business decisions of private companies,? he further added. But he said that there have been some talks on setting up special funds for displaced workers who would need retraining or who wants to start their own businesses in case of layoffs or buyouts.



Electricity is one of the basic necessities that one requires to ensure the smooth running of your home or office. Almost each and every gadget in your place works on electric current and if the power supply stops, it becomes a total chaos. This is where we realize the importance of home electric service and how crucial it is that we get hold of the right people to get the job done. Kansas City has a number of electrical repair services that you can use if you are residing in Kansas City area. Most of these Kansas City home electrical repair services offer you all kinds of installation and wiring that your home needs.

Be it low voltage or high voltage wiring or repair that you need, these people will be at your doorstep within no time to cater to your requirements. The low voltage wiring includes phone lines Cheap Kai Forbath Jersey , alarm systems, PA system and your internet connections. But it is vital that you find the best Kansas City electric home repair service as they should not only be a certified company with experienced and qualified electrical technicians but be reliable too. It would be good to get quotes from a couple or more well-known electrical services before employing them so that you are aware of what you will have to pay for these services.

The best course would be to surf through the various Kansas City electrical service and repair firms and pick out a few of them that have excellent reviews or those that are recommended by your friends or acquaintances. Yet another point to look into is to ensure that the firm that you hire uses the best quality raw materials so that a job once done will not have to be redone again due to cheap materials or sloppy work done by unqualified workers. Also inquire whether they have proper insurance.

You may feel that the DIY kits that are available in the market these days can help you save a lot of money and try doing minor repairs yourself, but remember that electricity is extremely dangerous and a small error can even cost your life. So the best option is to hire a reputed residential electrical service that provides guarantee for the work they do so that you will not have to end up paying for the same electrical fault a second time.

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