Indiana bankers, in a struggle to stay competitive in auto finance, are working at the state and federal levels in an attack on automobile manufacturers and their finance companies.

The bankers claim that manufacturers are pressuring dealers to tout manufacturer financing over dealer financing, and have asked the U.S. Justice Department to look into the tactics of lenders such as General Motors Acceptance Corp. and Ford Motor Credit for possible antitrust violations. Indiana bankers are also urging state lawmakers to consider a bill that would prevent manufacturers from offering incentives to dealers.

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