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GMAC Tightens the Auto-Finance Screws - BusinessWeek (BusinessWeek)
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China, India challenge vs global finance, management, politics crisis and conflicts (cmi santiago)
Are rising China and India presenting new challenging to the West in light of ongoing financial crisis? Watch out on the Chinese century vs global politics, trade, leadership, finance, and jobs! What is behind China's global empire dream?
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Squeeze hits car loans; Local dealers say funds available for good credit (The Pantagraph)
The era of easy auto loans is skidding to a halt. Mortgages were among the first consumer products to be hit by the credit-market freeze. Now car loans and leases are drying up as dealers, auto-finance companies and other lenders are having trouble finding money to lend to car buyers.
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Daniel Howes: Howes: One of Big 3 may not survive (Detroit News)
The truth about Detroit's painful automotive transformation, marked by new products, concessionary labor deals, asset sales, plant closings and job cuts, is that none of it will be enough soon enough.
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Analysts skeptical of rumors about an auto-giants merger (WZZM 13 Grand Rapids)
Analysts skeptical of rumors about an auto-giants merger
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Capital One Ends Financing of N.Y., N.J. Car Dealers (Update2) (Bloomberg)
Oct. 10 (Bloomberg) -- Capital One Financial Corp. , the lender that raised $200 million in September to cover future losses, said it will end financing of auto dealers' inventories in New Jersey and New York later this month.
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Capital One Ends Financing of N.Y., N.J. Car Dealers (Update1) (Bloomberg)
Oct. 10 (Bloomberg) -- Capital One Financial Corp. , the lender that raised $200 million last month to cover future losses, will end financing of auto dealers' inventories in New Jersey and New York by the end of this month, a spokesman said.
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China challenge vs global finance meltdown: bank, finance, politics, jobs, wealth, leaders (cmi valparaÃso)
Is global financial crisis reshaping world politics, finance, banking, trade and outsourcing? Profiting from rising Chinese trade, yuan and stock market? How do over a half million international companies make profits in China?
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Credit unions ready to lend: As banks tighten credit, credit unions booming (Crain's Detroit Business)
Area credit unions say they are flush with cash, have capital-to-asset ratios most bankers only dream about, and are doing a booming business in auto and home loans.
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Capital One Cuts Off Dealer Financing For Inventory Purchases In New York And New Jersey (AutoSpies.com)
Capital One Financial Corp said on Friday it will stop financing vehicle inventory for auto dealers in the states of New York and New Jersey, starting November.
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