Auto bad baton credit loan
DETROIT, Oct 3 (Reuters) Toyota Motor Corp is offering interest-free loans to U.S. consumers across most of its lineup in a rare move that follows a surprising 32 percent slide in its U.S. sales in September, its steepest drop in decades.
Auto execs put new models (and worries) on display (Pioneer Press)
PARIS Auto executives agree: Their industry is headed into a giant storm.
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.
President Bush Signs Bill Providing Auto Industry With Loans (Bloomberg)
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.
Spending Bill To Boost Local Auto Industry (KEYT 3 Santa Barbara)
Ventura, CA–Earlier this week President Bush signed a $25 billion loan package to help ailing auto-makers. The bill is proposed to secure $25 billion in low-interest loans to help General Motors Corp, Ford Motor Co and Chrysler LLC produce more eco-friendly vehicles.
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.
