The steep decline in vehicle sales and rapid shift in the market to smaller cars has prompted three automakers to seek a significant increase in a government loan program.
steep declineAutomakers to Seek More Money for Retooling Vehicle PlantsNYT > Business Fri, 08/22/2008 - 22:25
The steep decline in vehicle sales and rapid shift in the market to smaller cars has prompted three automakers to seek a significant increase in a government loan program. ALL BUSINESS: Don't count on ailing-dollar bailoutNewsvine - business Fri, 07/18/2008 - 11:28
Federal rescue plans are all the rage in Washington right now, for what seems to be everything but the dollar. Oil prices rise above $132 in AsiaTopix - Business News Sat, 06/21/2008 - 20:28
Oil prices rose Friday after dropping sharply in the previous session on concerns that an increase in Chinese fuel prices would dampen oil demand in the booming Asian nation. Crude futures had dropped nearly $5 a barrel on Thursday after China said it will raise prices for gasoline and diesel fuel 16 percent and 18 percent, respectively, beginning Friday. |