RELATEDPorsche 10 Credit Line GM Chrysler 17.4 Bailout Ford Reports
25 Mar 2009 10:03:07
Porsche secures 10 billion credit line
Porsche secures 10 billion credit line
Porsche announced today that it has secured a 10 billion Euro credit line. The credit framework contract lets Porsche extend the amount to 12.5 billion Euros in the following weeks. Porsche's new credit line is guaranteed by a consortium of 15 banks including Barclays Capital, Commerzbank, LBBW, Deutsche... More »
19 Dec 2008 11:38:28
GM and Chrysler get 17.4 billion Bailout
GM and Chrysler get 17.4 billion BailoutThe George W. Bush administration has granted GM and Chrysler a total of $17.4 billion bailout money. Ford stated that it does not need low0interes funds at this moment. The $17.4 billion relief fund will be split in two payments - $13.4 billion will come in December and January with a further $4 billion... More »
24 Jul 2008 08:50:37
Ford Reports 8.7 Billion Net Loss
Ford Reports 8.7 Billion Net LossFord reported today that it has registered a $8.7 billion net loss in the second quarter of 2008, including pre-tax special charges of $8 billion. This mean that for each share Ford lost $3.88. The pre-tax special charges of $8 billion include impairments of $5.3 billion for Ford North America long-lived... More »
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