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Auto Giants Sieze Cars From Dealers Lots March 19, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
Tags: , , , , , , , , , , ,

Credit Crisis Collapse

In an example of the crazy world we live in now, auto manufacturers are siezing the cars of their dealer network for non payment. This manouver is designed to clean up their balance sheets, and no doubt, looks brilliant to the bean counters.

No car stores. Great thinking.





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