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Canada To Help Reopen Ford Plant - Detroit News
windsor, ontario -- canada's prime minister and ford motor co. said wednesday a new research center for environmentally friendly technologies will be launched in a government partnership that includes up to $75 million in government funding. prime ...
www.detnews.com

Auto Lenders Feel Squeezed
the nation's automakers aren't the only companies suffering from higher gas prices and weak vehicle sales. auto lenders are feeling the squeeze as well.
money.cnn.com

Cerberus In The Hotseat As Auto Deals Falter
stephen a. feinberg, one of the country’s most powerful — and secretive — financiers, hoped to make a fortune out of the detritus of the american auto industry. instead, the new york times’ michael j. de la merced and vikas bajaj say, he seems to be losing one.
dealbook.blogs.nytimes.com

Natural Gas: Tapping Abundant Resource For Cars Has Its Challenges - Seattle Times
washington — in the early 1990s, all three major american automakers started building clean and efficient natural gas vehicles. but when a new federal law failed to create an expected guaranteed market, the momentum died. today, only honda sells a ...
seattletimes.nwsource.com

Credit Card, Auto Debt Were The Worst Debt Performers (update1) - Bloomberg
sept. 3 (bloomberg) -- bonds backed by credit card debt, car loans and commercial mortgages were the worst performers in the debt markets in august as concern escalated that consumers may fall further behind on their bills. asset-backed securities ...
www.bloomberg.com

Big Three Bailout May Be Around Corner
plunging auto sales, high gas prices and election year politics could help convince congress to approve a $50 billion loan package to embattled u.s. automakers that detroit's big three claim is key to their future success.
money.cnn.com

How Not To Rescue The Big Three
congress must not loan $25 billion to a us auto industry that isn't doing enough itself.
www.csmonitor.com

Auto Lenders Feel Squeezed - Cnn Money
new york (cnnmoney.com) -- the nation's automakers aren't the only companies suffering from higher gas prices and weak vehicle sales. auto lenders are feeling the squeeze as well. rising unemployment and soaring gas prices have translated into ...
money.cnn.com

An Ominous Trend To Watch: Corporate Loan Defaults - International Herald Tribune
new york : the weak go first, and people take comfort from the very weakness of the fallen. the fact that it is only the weak who are suffering is taken as proof that there is no general problem. that is how it was with the mortgage mess, which is ...
www.iht.com

Slowdown In Us Auto Industry Blemishes Financier’s Record Of Canny Investments
one of america’s most powerful – and secretive – financiers, stephen a feinberg, hoped to make a fortune out of the detritus of the united states auto industry.
www.dispatch.co.za

Pearlstein: Federal Loans For The Auto Industry?
washington post columnist steven pearlstein will be online to discuss whether federal loans to help auto companies retool themselves to build more fuel efficient cars is a good idea.
www.washingtonpost.com

Car Sales Collapse By Almost A Fifth As Loan Drought And Fuel Rises ... - The Independent
confirmation that consumer confidence and spending on "big-ticket" items is testing new lows came yesterday with the release of the latest figures on new cars sales. the society of motor manufacturers (smmt) reported an 18.6 per cent annual decline ...
www.independent.co.uk

Kilpatrick's Rise And Fall - Detroit Free Press
kwame kilpatrick entered the mayor's office with extraordinary gifts -- charisma, savvy, flair, pedigree, connections, ambition and chutzpah -- everything a 31-year-old needed to make a difference in one of the nation's most broken cities. his ...
www.freep.com

Da: Landlord Admits To Using Tenant’s Personal Info For Car Loan
an astoria landlord has been charged with stealing the identity of one of his tenants in order to obtain a $32,000 car loan and to open a credit card account that incurred more than $20,000 in debts, including bills for his telephone and ez pass.
www.queenscourier.com

An Ominous Trend To Watch: Corporate Loan Defaults
corporate loans now looks like mortgages a year ago. defaults are on the rise, but they are concentrated among small companies in industries with big problems and haven't produced big headlines.
www.iht.com

Auto Parts Cos Cut Forecasts As Interest Rates Bite - Reuters India
new delhi (reuters) - indian auto-component makers are scaling back growth projections for the fiscal year as scarce and expensive financing and higher raw-material costs weigh on automobile sales, industry officials said on wednesday. delegates at ...
in.reuters.com

Ford Motor Says August U.s. Auto Sales Declined 27% To 155,690 - Bloomberg
sept. 3 (bloomberg) -- ford motor co., the second-largest u.s. automaker, said domestic sales fell 27 percent in august for their 21st decline in 22 months. sales of cars and trucks dropped to 155,690 from 212,120, the dearborn, michigan-based ...
www.bloomberg.com

Harper Accused Of Vote Buying With Loan To Ford In Ontario
windsor, ont. - prime minister stephen harper was accused wednesday of the kind of "vote buying" his conservative party has criticized the liberals for, as he announced a multimillion-dollar loan to ford in ontario's automotive hub just days before an expected federal campaign.
ca.news.yahoo.com

How Not To Rescue The Big Three
car owners know the tough call: when do you stop putting money into a rickety auto? congress faces a similar decision this month. should it put money into a failing us car industry? the answer would be simple if midwest swing states weren't up for grabs in the presidential election.
news.yahoo.com

July Factory Orders Strong, August Auto Sales Off - Msn Moneycentral
washington (reuters) - new orders at u.s. factories jumped more than expected in july, a government report showed on wednesday, but u.s. automakers reported dismal sales in august, raising fears of renewed economic headwinds. factory orders rose 1.3 ...
news.moneycentral.msn.com