This past weekend, there was a major financial occurrence in Cyprus. On the surface this looks like it will help the country and politicians, but no so so fast!
It also does not appear on the surface to have any bearing on cars, but when the government seizes and removes €5.8 billion from the people, this eliminates this as money that could be used to stimulate the economy through purchases of — CARS homes and other goods and services.
Sorry, but there is just too much auto news coming out for us to catch it all. Here are just a few interesting stories that we missed.
Here is another great and timely article from James Cordier of Option Sellers. He always provokes us to think and this time is no different. Thought it might be great reading for a Sunday evening. Hopefully it will help keep things in perspective.
Best Damn Penny Stocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Tata Nano today introduced an industry first offer. Customers can now swipe their credit card and drive out in a Tata Nano, on the same day.
