Tesla pays back $465m DOE loan, Musk says 'I hope we did you proud'
Autoblog
May 22, 2013
by Sebastian Blanco
We're willing to bet there are bottles of champagne popping all the way from Washington, DC to Palo Alto, CA today with the announcement that Tesla Motors has, as suspected, paid off...
Fisker stops work at Delaware plant to renegotiate DOE loan
February 6, 2012
Automotive News
LOS ANGELES -- Electric car startup Fisker Automotive Inc. said Monday it has suspended work at its manufacturing plant in Delaware and laid off 26 workers while it renegotiates the terms of its $529...
Ford will receive a $250 million loan guarantee from the U.S. Export-Import Bank to sell 200,000 U.S.-made vehicles in Canada and Mexico, part of the Obama administration's drive to boost new hiring.
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Ford plans to sell $1.08 billion of bonds tied to auto loans after the U.S. Securities and Exchange Commission created a six-month window for companies to offer asset-backed debt without including ratings in marketing documents.
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Toyota unit seeks $2.1 bln state-backed loan -NHK
TOKYO, March 3 (Reuters) - A Toyota Motor Corp (7203.T) unit has applied for about $2 billion in loans backed by the Japanese government, to help it cover funding needs amid rising interest rates, state TV broadcaster NHK said on Tuesday...
Bloomberg
Ford Motor Won’t Seek Short-Term U.S. Bridge Loan
Dec. 9 (Bloomberg) -- Ford Motor Co., the second-biggest U.S. automaker, said it won’t seek a short-term bridge loan from the government because it doesn’t face a “near-term liquidity issue.”
“As we told Congress, Ford is in a...