Nissan Settles With NJ Dealers In Suit Over Predatory Loans
By Sydney Price ( April 4, 2025, 6:55 PM EDT) -- Nissan North America Inc. and its financing arm have settled a dispute with New Jersey auto dealers who said they were forced to take $20 million worth of predatory loans that financed an overabundance of inventory the car giant ordered them to carry amid corporate pressure to raise sales, according to a letter filed in federal court....
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