GM Looking To Offer More Loans To More Customers
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GM Looking To Offer More Loans To More Customers
When General Motors sold off control of GMAC, it lost more than its in-house financing arm. It lost the ability to offer loans to a broad range of consumers, particularly subprime borrowers. As a result, GM also lost market share. Now, the automaker is chatting up two major Wall Street players -- Chase and Wells Fargo -- to remedy that situation...More...
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