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WASHINGTON — Auto and heavy duty truck suppliers plan to meet with 40 members of Congress today to urge them to fund $25 billion in auto loans next week to help protect jobs in their districts.

Pending loans boost stocks (Detroit News)
As optimism grew on Wall Street that $25 billion in low-cost loans for the auto industry would be funded following the federal government’s decision to bail out the banking industry, parts suppliers hit Capitol Hill hard pushing legislators in that direction.

Suppliers make pitch for federal auto loans (Detroit Free Press)
WASHINGTON — Auto parts suppliers flooded Capitol Hill on Friday to make their case for $25 billion in federal loans for the industry, as the Bush administration declined to say if it supports the funds. The Motor and Equipment Manufacturers Association, the trade group for the parts industry, said it met with more than 40 lawmakers Friday.

10 governors push auto loans (WZZM 13 Grand Rapids)
10 governors push auto loans

Automaker loans to be part of bailout (Moldova.org)
Billions of dollars in loans slated for U.S. automakers seem likely to go through as Congress moves to bail out the banking industry, industry players say.Lobbyists for the auto industry, including the chief executives of General Motors Corp. and Ford Motor Co., fanned out across Washington this week as the White House and congressional leaders crafted a plan to rescue teetering Wall Street …

Automaker loans to be part of bailout (UPI)
WASHINGTON, Sept. 20 (UPI) — Billions of dollars in loans slated for U.S. automakers seem likely to go through as Congress moves to bail out the banking industry, industry players say.