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- Analysts worry that mortgage troubles could spread to auto loans
Rising delinquency rates on car and truck loans have some industry analysts concerned that subprime mortgage troubles could spill into the U.S. automotive finance business. In a note to investors Monday, Lehman Brothers analyst Brian Johnson said his analysis of auto loan-backed securities sold by Ford Motor Credit Co. (NYSE:F) and GMAC Financial Services (NYSE:GM) showed ... - Renault Samsung says new SUV to help boost global sales next year
Renault Samsung Motors Corp. said Monday its first sport utility vehicle, the QM5, will help drive up its global sales to 200,000 vehicles next year. ``We expect total sales will be strongly supported by exports of the QM5, our first-ever SUV model across the Renault Group,'' Park Soo-hong, senior executive managing director of Renault Samsung's sales ... - Tata says ultra cheap car will be least polluting on Indian roads
Tata Motors' ultra-cheap car will be the least polluting vehicle on Indian roads, the company's chairman said Monday, refuting criticism that the $2,500 car would add to traffic chaos and carbon emission. Ratan Tata said his company will bring what is being billed as ``the people's car'' to market next year and its price of ...
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