Ford, Nissan to tap U.S. factory retool loans -WSJ

Newswire

June 23 (Reuters) - The U.S. government plans to disclose that Ford Motor Co , Tesla Motors Inc and Nissan Motor Co will be among the beneficiaries of a $25 billion loan program created by Congress to help auto makers retool factories for advanced-technology vehicles, the Wall Street Journal said. U.S. Energy Secretary Steven Chu is planning an announcement on Tuesday morning in Michigan, the paper said, citing government officials familiar with the matter. A spokeswoman for Chu and ...

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