Auto loan for poor credit
The House is considering $25 billion in loans to companies like Ford and GM to help boost their competitiveness.
Ford: Auto Industry Should Get Federal Loans (Manufacturing.net)
CEO Alan Mulally says the U.S. auto industry should get federal loans even though in past years it focused on pickup trucks and SUVs instead of more fuel efficient vehicles.
Groups back auto industry loans (Detroit News)
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-part suppliers will push for loans (Detroit News)
Lear, Delphi and other suppliers to GM and Ford plan a push to win wider backing for at least $25 billion in government loans to help shift to more fuel-efficient vehicles.