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From WSJ - Ford, Nissan Among First to Tap Loans for Retooling
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06-23-2009, 12:30 PM
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MuscleCarz
Drives: 5.4 3v
Join Date: May 2009
Location: The Lake
Posts: 194
GM is seeking $10B and Chrysler, $8B. GM is not currently eligible for the loan due to bankruptcy.
Ford will use they money to retool the Wayne plant to produce the Fiesta.
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