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Nissan, Mazda may join Honda, Toyota in seeking Japanese gov't loans
Toyota has already stepped up and asked the Japanese government for a $2 billion loan to shore up its U.S. lending arm, Toyota Motor Credit Corp. We've also heard that Honda may do the same. Add Nissan and Mazda to the list now. The four biggest Japanese automakers will now all likely ask for government loans to help ensure that sufficient credit is available for U.S. customers to purchase their cars and trucks. While all four have seen sales fall less sharply than General Motors, Ford and Chrysler, each is still experiencing historically low ... Read more →
REPORT: Toyota Financial seeking loans from Japanese gov't Jeremy Korzeniewski
Toyota Financial Services has reportedly applied for loans equaling $2 billion (200 billion yen) from the state-backed Japan Bank for International Cooperation. Much of these funds would ...
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Nissan, Mazda may join Honda, Toyota in seeking Japanese gov't loans 9 months ago on Autoblog
Toyota has already stepped up and asked the Japanese government for a $2 billion loan to shore up its U.S. lending arm, Toyota Motor Credit Corp. We've also heard that Honda may do the same. Add Nissan and Mazda to the list now. The four biggest Japanese automakers will now all likely ask for ...
REPORT: Toyota Financial seeking loans from Japanese gov't 9 months ago on Autoblog
Toyota Financial Services has reportedly applied for loans equaling $2 billion (200 billion yen) from the state-backed Japan Bank for International Cooperation. Much of these funds would presumably be used to lend money to new car buyers in the United States, Toyota's largest and most ...
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