Senate Approves $25B Loan, Fortunes Improve For U.S. Automakers (The Car Connection)

On Saturday, one half of our bicameral legislature, the U.S. Senate, passed the $25 billion low-interest loan guarantee package to the struggling U.S. auto giants. To recap, this money is largely desired by and designed for Ford, General Motors, and Chrysler, who have been hit especially hard by declining sales of their full ..