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Leadership Corporate Leaders

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    Our auto-industry reporter predicts China may enter the American market, Ford may seek a merger -- and Toyota will keep racking up sales.

  • GMAC is beginning a new era as an independent financial services company--after 87 years as a wholly owned subsidiary of General Motors. On Thursday--GM sold its 51% stake in its most profitable GM unit to an investment consortium led by Cerberus Capital in a move that dramatically improved GMAC's credit profile and capital position.

  • A record number of U.S. corporate bosses have left their jobs this year, in part reflecting the widening stock options backdating scandal, according to data released today.