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Is General Motors creating a subprime auto loan bubble?

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General Motors is going deep into subprime auto financing and the result could be a crisis similar to the housing crash that sank the U.S. economy in 2007, according to industry experts interviewed by the Washington Free Beacon. "High production costs and falling profit-per-car have led auto manufacturers to turn to financing to earn higher profits. Automakers have capitalized on lending by not...

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