FILE PHOTO: The cockpit and steering wheel of a Streetscooter WORK XL electric van based on a Ford Transit is pictured at Ford's new production line in Cologne, Germany October 9, 2018. REUTERS/Wolfgang Rattay/File Photo
Wholesale prices of used cars fell 11.8 per cent in the US last month, meaning big car makers Ford and GM are faced with losses through their vehicle finance arms. Reuters. 

Ford and GM's finance arms face hit from plunge in used car prices

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