Finance Insurance

Lenders relieved by used-car price strength

The value of used GM vehicles have depreciated faster than expected in the first quarter, particularly with crossovers, and prices will fall as much as 3 percent next year, GM warned Thursday. (DAVID PHILLIPS)

December 13, 2017 05:00 AM

Editor's note: An earlier version of this story incorrectly identified Ford Credit CFO Marion Harris as a female.

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