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Dealers Still Waiting For Replacements, DeGiorgio Linked To Original Design...

Automotive News reports dealers are still waiting for the ignition switches meant to replace the out-of-spec switch at the center of the ongoing recall crisis at General Motors. The switch was to have...

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Ally IPO Brings New Subprime Lending Options To The Table

With Ally Financial’s IPO now making the rounds on the New York Stock Exchange, the former financing arm of General Motors has its eyes on taking more of the subprime market, a move benefiting dealers...

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GM Ignition Issues Pile Up From Within, Abroad

In today’s General Motors digest: An ignition-related issue is quietly fixed years before the February 2014 recall; a Chinese supplier is blamed for defective switches recalled in June; Ally prepares...

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US Treasury Begins Second Divestiture Plan Of Ally Stock

Ally Financial, the lending artist formerly known as GMAC Financial, inches closer to freedom from government ownership as the United States Treasury begins a second trading plan to shed its shares....

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Renault-Nissan Alliance At Crossroads Over Voting Stakes, Power

The battle between Nissan and the French government over the former’s voting stake in the Renault-Nissan Alliance continues on. This month, after temporarily raising its stake to 19.7 percent, the...

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