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Auto Lending News Reports:

Thankfully, it has stopped raining here which meant I could get some fresh air today and curtail web viewing activity of varying quality (see previous post). I still found time to watch IHS Global Insights' Nariman Behravesh release his firm's 'Top-10 Economic Predictions for 2010'. It has a rather downbeat feel. It looks like emerging markets will continue to do better, economically than the West. But at least interest rates stay low, and he also believes commodity prices will be soft. Overall, plenty of constraints to economic growth globally, with some risks still there on the downside. The challenging business environment for the auto industry continues.

Got me thinking though about a management briefing I am working on concerning the automotive industry outlook for next year. I'd be very interested to invite your thoughts - general or specific - on the auto industry in 2010. What do you think the 2010 US light vehicle market will do? Winners and losers? Growth markets? China? South Africa? Vietnam? Russia? AvtoVAZ? Hot new products? Safety systems? DSG/DCT? Biofuels? If you want to bowl in a view or throw in a thought that can be shared, perhaps this blog can work as a place to get a thread going (hit 'comment on this blog', bottom right of the box)...

Oh, and, whatever it eventually brings, Happy New Year!

Provided by the following bad credit auto loans News Listing: Happy New Year! What will 2010 bring...

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Auto Lending News Reports:

Thankfully, it has stopped raining here which meant I could get some fresh air today and curtail web viewing activity of varying quality (see previous post). I still found time to watch IHS Global Insights' Nariman Behravesh release his firm's 'Top-10 Economic Predictions for 2010'. It has a rather downbeat feel. It looks like emerging markets will continue to do better, economically than the West. But at least interest rates stay low, and he also believes commodity prices will be soft. Overall, plenty of constraints to economic growth globally, with some risks still there on the downside.

Got me thinking though about a management briefing I am working on concerning the automotive industry outlook for next year. I'd be very interested to invite your thoughts - general or specific - on the auto industry in 2010. What do you think the 2010 US light vehicle market will do? Winners and losers? China? Hot new products? If you want to bowl in a view or throw in a thought that can be shared, perhaps this blog can work as a place to get a thread going (hit 'comment on this blog', bottom right of the box)...

Oh, and, whatever it eventually brings, Happy New Year!

Provided by the following bad credit auto loans News Listing: Happy New year! What will 2010 bring...

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Auto Lending News Reports:

For GMAC, 2009 has been a tough year. Most notably, the mega-financier assumed financing for former rival Chrysler Financial, while battling severe losses and requiring federal aid to stay afloat.

Here’s a look at the top GMAC news events of 2009, culled from AutoFinanceNews.net.

• GMAC Shuts Down Nuvell, National (January 7)
• Say Ah: GMAC CDS Spreads Widen Way Out (March 31)
• GMAC Jumps Back into Subprime (April 2)
• It's Not All Bad: GMAC Reportedly Hiring (April 20)
• Government Wants GMAC to Buy Chrysler Financial (April 28)
• GMAC to Finance Chrysler Vehicles (April 30)
• GMAC Posts $675 Million Loss for 1Q (May 5)
• Daunting Numbers for GMAC (May 11)
• GMAC Warns It May Be 'Unable' to Finance Chrysler Dealers, Customers (May 12)
• Capital Infusion (May 21)
• GMAC Gets the Obama Administration 'Spin' Treatment (May 22)
• GMAC/Ally Retreats in Deposit Battle with ABA (June 5)
• Not Surprisingly, GMAC Cuts Off Certain Chrysler Dealers (June 25)
• Fresh Funds for GMAC (October 28)
• GMAC Bangs Heads With the FDIC (November 2)
• GMAC Servicing Unit to Shed 13% of Tenn. Staff (December 1)
• Government Takes Control of GMAC With New Infusion (December 31)

Provided by the following bad credit auto loans News Listing: GMAC Top Auto Finance Newsmaker of 2009

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