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Financial News

Tuesday June 23, 08:25 PM

 

 

The US government will loan 5.9 billion dollars to Ford to invest in improving fuel economy

By Scott Olson

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The Ford logo is painted on a tank at the Chicago Assembly Plant. The US government will loan 5.9 billion dollars to Ford Motor Co. and 1.6 billion dollars to Japanese automaker Nissan to invest in improving the fuel economy of their US-built vehicles, officials said Tuesday. The Ford logo is painted on a tank at the Chicago Assembly Plant. The US government will loan 5.9 billion dollars to Ford Motor Co. and 1.6 billion dollars to Japanese automaker Nissan to invest in improving the fuel economy of their US-built vehicles, officials said Tuesday.


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