AUTO LOAN NEWS & INFORMATION
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Friday, November 21, 2008
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LATEST AUTO LOAN NEWS:
Dana, an Auto Parts Maker, Agrees to Changes in Loan
The company said it had renegotiated terms of a $1.3 billion loan to stay in compliance with the conditions. Wall Street Reaches Best Levels Of Session On Reports Of Auto Loan Agreement (RTTNews) - Stocks have rebounded significantly during early afternoon trading on Wednesday. The positive sentiment comes amid reports of a bipartisan group of senators agreeing on a loan for the auto industry. Concerns About Financial Bailout Haunt Auto Industry Loan When Democratic leaders balked this week at handing over $25 billion in emergency loans to a flailing U.S. auto industry, they signaled some buyer's remorse about the $700 billion financial industry bailout they approved just weeks ago. U.S. Stocks Firmly Higher After Reports Of Auto-loan Deal U.S. Stocks Firmly Higher After Reports Of Auto-loan Deal Senate Auto Compromise Faces Uncertain Outlook Rust-belt senators have reached agreement on a compromise loan package for the struggling domestic auto industry, though it remained unclear whether Senate Democratic leaders would support the deal, or allow a vote on it. Senate Cancels Vote On Doomed Auto Loan The Senate's top Democrat has called off a planned vote this week on a $25 billion auto industry loan. Michigan congressional delegation, university presidents lobby for auto industry bridge loan Members of Michigan’s congressional delegation pleaded today with members of the House Financial Services Committee for a $25 billion bridge loan to the auto industry. |







