U.S. to Guarantee $3.1 Billion Loan to Ford
Posted on August 05, 2010 at 09:02 AM EDT
The U.S. government will guarantee a $3.1 billion loan to Ford Motor Co. (F ) to help the carmaker export over 200,000 cars to Canada and Mexico. "Export-Import Bank of the United States will announce a new loan guarantee for Ford that will finance 3.1 billion dollars of export sales," The White House said, according to Agence-France Presse . President Barack Obama, who today visits a Ford plant... Continue reading U.S. to Guarantee $3.1 Billion Loan to Ford U.S. to Guarantee $3.1 Billion Loan to Ford originally appeared on DailyFinance on Thu, 05 Aug 2010 09:02:00. Filed Under: Energy , Company News , Technology , Economy , Investing , Ford Motor Co , Green , Taxes , Credit , Retail Permalink | Tweet this! | Comments