Ford to get government technology loan - sources

Newswire

By John Crawley WASHINGTON, June 23 (Reuters) - Ford Motor Co will receive a share of $25 billion in government loans designed to help automakers retool factories for making fuel-efficient cars, according to sources familiar with the decision by the Obama administration. Energy Secretary Steven Chu will make the announcement later Tuesday at an event at Ford headquarters in Dearborn, Michigan, the sources said. Government and industry sources confirmed that Ford had qualified for the ...

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