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Auto Dealers Hit By Credit curb Blues Across Nation
Auto dealers in 17 cities report spring sales slumps as government credit restrictions curb purchases. Down payments and 15 month limits bite new and used car demand, with dealers from Chicago to Los Angeles noting declines of up to 30 percent. Several say the spring market is already lost as customers cannot meet down payments.
MENTIONED IN THIS ARTICLE
Norman Nicholson
Detroit
Sam Shallen
Chicaza
de Sota
Sone, Lis
Fred Stewart
Chicago
Haiser- Frazer
Columbus
George Bobb
Bobb
Atlanta
Easter
Denver
Minneapolis
Dallas
Ford
St. Louis
Los Angeles