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Ally determined to repay US Treasury

Ally Financial, the Detroit-based finance provider, has said it remains focused on repaying the US Treasury Department, which owns $5.9bn (£3.8bn) in mandatory convertible preferred stock in the compa…

Santander takes Vauxhall 0% programme from GMAC

Vauxhalls flagship car finance programme is to be taken over by Santander Consumer Finance, in a shock move that dealers say could change the face of manufacturer finance. As of 3 April, the Flexible …

Editor’s Letter

The end of an era Around this time of year, I receive a lot of emails forwarded by friends and colleagues, containing vouchers and codes to help ease the burden of Christmas spending. Looking through…

Positive outlook for Detroit Three

Positive outlook for Detroit Three Since the prospect of a prolonged and widespread strike at General Motors, Ford and Chrysler has largely been averted, thanks to the agreement reached by General Mot…

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