Auto bad canton credit loan
Direct loans to the auto industry drew additional support Wednesday from two influential groups, the United Auto Workers and the National Association of Manufacturers.
Auto Industry Pushes Hard for Loans (CQPolitics.com via Yahoo! News)
Domestic automakers are aggressively lobbying lawmakers to provide billions of dollars in loans before the end of the month to help them develop more fuel-efficient cars and trucks, and election-year politics are easing their way.
SUSAN TOMPOR: Federal loans could shore up auto shares (Detroit Free Press)
Badly beaten auto stocks might get more of a boost if billions of dollars in federal auto loans find their way out of Washington in upcoming weeks.
Domestic automakers lobby for loans (The News & Observer)
Federal loans of $25 billion for the U.S. auto industry would be a “tremendous help,” but would not equal a bailout of Detroit’s struggling automakers, General Motors Chairman Rick Wagoner told Congress on Friday.
GM CEO Wagoner battles skepticism about auto industry loans (Detroit News)
WASHINGTON — General Motors Corp.’s top executive went to Capitol Hill urging Congress to back at least $25 billion in low-cost government loans to help the auto industry build more fuel efficient vehicles, but he faced skepticism from some legislators and the White House.
