As we have covered in some detail previously, many Australian new car dealers are facing their own credit crisis, with GE Money and GMAC Financial Services pulling out of the Australian floor-plan credit marketplace at the end of this year.

Dealerships that are currently financing their stock through GE Money and GMAC have until December 31, [...]

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By Daniel McCoey
Fuel prices. Yes, it’s an ugly conversation that all of us seem to be having at present, and with petrol breaking the $1.60c mark—with talk of it hitting $2.00 per litre as early as next year—the stage is now being set to turn it into a scary reality.

There is light at the end [...]

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