Floor Plan Credit Crisis Will Hit Country Dealers Hardest

Floor Plan Credit Crisis Will Hit Country Dealers Hardest

The crisis affecting ‘floorplan’ credit to new car dealers is wider and deeper than many industry commentators realise. The withdrawal of credit services by GE and GMAC puts at risk potentially 30 percent or more of new car dealers in Australia. This problem has the potential to compound further as the future of other financiers [...]

With some cars and SUVs now boasting race-car power, which of the following is closest to your MOST STRONGLY-HELD view:

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