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• GM ads to tell buyers they can still get loans
They can’t really rely on GMAC any more,” said Rebecca Lindland, an auto industry analyst with the consulting company Global Insight. “That’s where the dealer has to be able to step up and get local financing, using their local contacts.” ...
• Oil below $75 as OPEC cuts demand forecast
There is some demand destruction in that forecast, but there’s also hangover from the hurricane as refineries come back on line,” said Gerard Rigby, an energy analyst at Fuel First Consulting in Sydney. In other Nymex trading, heating oil futures ...
• Biggest losers can make great car bargains
But bargain hunters might find that discounts on out-of-favor SUVs will pay for the higher cost of gas, says Mike Luckey, an independent analyst with Luckey Consulting Group in Kinnelon, N.J. (Click on the “slide show” link below to see the full ...
• Asian firms more likely to keep workers in slump
MANILA, Philippines - Asian employers are more likely to keep employees during an economic downturn than U.S. companies, for whom layoffs is the top choice for coping with a slump, an international management consulting company said Monday. Watson ...
• Paulson calls a meeting of major U.S. banks
The Bush administration said earlier Monday it is moving quickly to implement a $700 billion rescue program, including consulting with private law firms on how to buy ownership shares in banks to help thaw frozen lending and get the economy moving ...