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Archive Home > 2010 > July > 11 > This time, GM might outsource financing

This time, GM might outsource financing

By David Welch / The Bulletin
July 11, 2010

General Motors has decided against creating its own finance unit and is instead talking with banks including JPMorgan Chase, Bank of America and Wells Fargo about bolstering its lending capabilities, people with direct knowledge of the decision said.

The banks would write loans and leases on....

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