Bad credit auto loan rate
Passage of a $25 billion government loan program on Saturday should be good news for auto stocks, but concerns remain that continued tight credit for auto loans will hamper the sector’s sales and earnings for the rest of the year.
Senate approves auto industry loans (WOOD TV 8 Grand Rapids)
WASHINGTON — The Senate has approved funding for $25 billion in government loans to help the auto industry modernize plants and build more fuel-efficient vehicles.
Analysts say Big 3 need loans quickly (MSNBC)
The federal government’s $25 billion loan package for the auto industry could be a huge help in keeping Detroit’s automakers afloat, according to lawmakers and industry analysts.
Analysts say auto industry loans must come quickly (WOOD TV 8 Grand Rapids)
DETROIT — If credit remains locked up and auto sales continue to slump, the federal government’s $25 billion loan package for the auto industry could be a huge help in keeping…
US Congress approves $25 bn loans to auto industry (Business Standard India)
The US Congress gave final approval to legislation providing the auto industry with $25 billion in loans, lifting an offshore oil-drilling ban and funding the government until the next president takes office.
Analysts say auto industry loans must come quickly (El Paso Times)
DETROIT — If credit remains locked up and auto sales continue to slump, the federal government’s $25 billion loan package for the auto industry could be a huge help in keeping Detroit’s downtrodden automakers afloat, lawmakers and industry analysts said.