NEW YORK – General Motors Corp. is making contingency plans for avoiding a catastrophic drop in volume in the Northeast because its financing arm, GMAC, no longer will issue conventional leases after May 1. "We will develop other (leasing) products," says Brent Dewar, GM Northeast regional sales manager. "But they may not be as attractive to some customers," he says, as they may be more expensive. The GM executive says the impact on dealers would depend on the amount of leasing business ...
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