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Articles about: car loan detroit

GM Provides Updated Preliminary 2005 Results, Delays Filing 10-K (The Auto Channel)
DETROIT March 16, 2006; General Motors Corp. today provided updated preliminary financial results for 2005 and said it will delay filing its annual report on Form 10-K with the Securities and Exchange Commission due to an accounting issue regarding the classification of cash flows at ResCap, the residential mortgage subsidiary of GMAC.
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GM reported weighing bid for financing arm from KKR, Scotiabank, others (Canadian Press via Yahoo! News)
DETROIT (CP) – General Motors Corp. (NYSE:GM) is considering a bid of up to $13 billion US for control of its financing arm from a group led by a giant private-equity firm and some banks – including the Bank of Nova Scotia – the Wall Street Journal says.
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Headlines for Mar. 10, 2006 (Drummer)
During the Buffalo City Council meeting this week, Pat Miller, representing the American Legion, Les Huikko, who donates to Community Charities, and Jo Hatchet, representing the Buffalo Lions, all addressed their concerns about the city’s proposed gambling ordinance.
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Text of the State of the City address (Detroit News)
President Cockrel, President Pro Tem Conyers, Members of City Council, Distinguished Guests, Citizens of Detroit. And also, Governor Granholm, thank you for being with us here tonight as well.
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Business briefs (Lansing State Journal)
EAST LANSING – GreenStone Farm Credit Services is divvying $12.5 million among its 15,000 loan customers as part of a dividend payout plan by the financial cooperative. GreenStone specializes in loans to the agriculture industry, residential property and home loans. This is the first time GreenStone has made a dividend payout to its shareholders, who also are the cooperative’s customers.
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Buy ’em Both. And oil! (
— Total Fed Credit went down by $5.4 billion last week, which was surprisingly out of character for the new Bernanke Federal Reserve Monetary Regime Of Inflationary Horror that is on record as officially actually wanting inflation, although they call it “targeting” inflation, which is sort of apt, as what they are targeting is my wallet in their crosshairs.
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In a new era of expanding choice and automotive expression, the intermediate Fairlane stood out on the merits of (South Coast Today)
The 1960s ushered in an era of made-to-order cars, expanded selection and ferocious competition for sales. And the intermediate 1966-’67 Ford Fairlanes were smack in the middle of the action.
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Fifth Third plots expansion in Mich. (Detroit News)
I t may still be relatively small player in southeast Michigan, but Fifth Third Bank has big ambitions.
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The Addictive Sebring Experience (Speed TV)
Tomorrow morning at 7am, the gates to Sebring Raceway open, and stay open 24 hours a day for the rest of the week. The race itself –The 54th Annual Mobil 1 Twelve Hours of Sebring — doesn’t start until 10:30 am Saturday. You gotta hand it to a racetrack that lets the fans in three days early.
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Industry report (Detroit Free Press)
Ford Motor Co. debt, already below investment grade, was cut one level by Fitch Ratings, citing “increasing concerns over the deep stresses” among Ford suppliers.
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