Car Maker Loans

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Lets hope that something does come of this and that both parties involved can stabilize their operations financially otherwise we could be seeing a mass of unemployment over in the US, not to mention the amount of suppliers that would be directly affected.

Car Maker Loans

Emergency loans for two of the nation’s top automakers didn’t materialize Monday, but the Treasury Department said it would finalize the loans in time to meet the needs of the struggling companies.
General Motors is expecting the loan Tuesday, according to a senior industry source. The delay was because of the complexity of the transaction, the source said.