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Local auto dealers are relieved by bailout news

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Posted: Friday, December 19, 2008 10:00 pm

A heavy sigh of relief swept through Lodi's car lots on Friday as word of President Bush's $17.4 billion auto loan package reached the ears of those in the industry.

"We're glad to see Chrysler and GM being helped out. If they fail, that affects us," said Geweke Ford manager Mark Meyer. He said Ford was still stable, as sales staff and customers milled about the dealership.

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