Get bad credit auto loan
The auto industry moved a step closer to winning the first of two battles it’s been waging in Washington for the past few weeks: A $25 billion direct loan program for automakers and suppliers was attached to a broad government spending bill approved Wednesday by the House of Representatives.
Levin may seek added $25B in auto loans (Battle Creek Enquirer)
WASHINGTON Sen. Carl Levin said today he may seek an additional $25 billion in loans for the auto industry before the end of the year, citing deteriorating economic conditions for Detroit s car makers.
Goldman Sachs cuts US auto sales estimates (AP via Yahoo! Finance)
An analyst cut his U.S. auto sales estimate and downgraded shares of Johnson Controls Inc. and Arvin Meritor Inc., saying the credit-tightening cycle that is cutting sales is in its early stages.
Auto dealers try to net customers (Savannah Morning News)
Savannah’s new-car dealers have a message for the media: “We all have plenty of cars. Our incentives are good. It’s a buyer’s market and our banks are still lending money,” said Saturn of Savannah’s Virgil Cordray, president of the Savannah Auto Dealers Association. “So please stop telling people the credit markets are frozen.” Jim Mollica, general manager of the Chatham Parkway family of …
Levin considers $25B in auto auto industry loans (WZZM 13 Grand Rapids)
Levin considers $25B in auto auto industry loans
