I guess the best time to pick up a bargain is during a global recession. Companies are lining up to buy car manufacturers....when I would think there are already too many car brands and the market could shed a few. But I guess global markets are different than what is happening in the US. So, Penske (an American company) is poised to purchase Saturn. A Chinese company is supposed to buy Hummer. A Swedish sports car manufacturer has been chosen to buy Saab and there are a few bidders in line for Volvo.
I can see how some of these car companies are desirable and have decent legs to stand on. But some, not too sure. But, I'm just a small dealer in Spokane, WA. Big risks usually has big returns! And I suppose....a bargain is a bargain.
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