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The Bailout Effect

post from The Truth About Cars on 16 February 2009 02:06:22 PM. © The Truth About Cars

The Automotive Lease Guide is slashing projected residuals for 2009 GM and Chrysler vehicles, reports Automotive News [sub]. ALG says that their new 36-month projections reflect the brands’ “uncertainty,” heralding the arrival of yet another dire consequence of bankruptcy that the bailout was supposed to prevent. Oh well, what’s a few billion among friends? Now [...]

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