"History is a wonderful thing, if only it was true"

Monday, April 27, 2009

Third Party Talks

Most of the news about Detroit has been about the UAW and the bondholders, but the dealers are an issue too.

Car Dealers' Next Headache: Inventory Loans - WSJ.com

"The administration's auto task force has been considering indirect ways of helping dealers, such as measures that would allow GM and Chrysler to once again offer leases on new vehicles, something they stopped doing last summer, people familiar with the matter said. They are also looking at how the auto makers can trim dealer networks."

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