Auto bad canton credit loan
Sept. 30 (Bloomberg) — President George W. Bush signed into law today legislation providing the auto industry with $25 billion in federal loans, lifting an offshore oil-drilling ban and funding the government until the next administration.
US AUTO SALES TO HIT 15-YEAR LOW (New York Post)
DETROIT - Automakers are expected to report that US auto sales fell in September to about a 15-year low amid uncertainty over a potential Wall Street bailout and tight credit, which has made it more difficult for potential buyers to get car loans…
Auto Loans Spending Bill Signed (ClickOnDetroit)
President Bush has signed a spending bill to keep the government running for the next 12 months that includes 25 billion dollars in loans taxpayer-subsidized loans for the auto industry.
TRW, Lear May Tout Steering, Parts to Get Auto Loans (Update2) (Bloomberg)
Sept. 30 (Bloomberg) — TRW Automotive Holdings Corp. , Lear Corp. and other auto-parts suppliers may tout their fuel-saving battery and steering components to get a chunk of the $25 billion in auto loans the U.S. government approved last week.
Auto dealers find loans are harder to get (The Tennessean)
The worsening credit crunch has automobile dealers scrambling to find loans for their customers, and some banks that offer auto credit are basing loan decisions on the size of the vehicle and its fuel economy, dealers say.
