GM sees boost from GMAC bailout, easier credit


DETROIT, Dec 30 (Reuters) - General Motors Corp expects to see a boost to sales as low-cost loans from GMAC, made possible by the federal bailout of the finance company, roll out in showrooms, the automaker's sales chief said on Tuesday. "The bottom line is much better access to funding," GM vice president for North American sales Mark LaNeve, said on a conference call with reporters. LaNeve said GM's sales for December had been up "considerably" from depressed November levels even ...

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