Bend / Central Oregon News, Sports, Business, Weather, Entertainment, Classifieds and Local & State Headlines | The Bulletin

Use Advanced Search to filter by date and category. *keyword is required in search field.
start date (MM-DD-YYYY):
 -  - 
end date (MM-DD-YYYY):
 -  - 
category:
Archive Home > 2008 > October > 01 > Tighter credit only adds to auto industry’s troubles

Tighter credit only adds to auto industry’s troubles

By Bill Vlasic and Nick Bunkley / The Bulletin
October 1, 2008

DETROIT — After enduring a brutal sales slump caused by high gas prices and a faltering economy, the last thing the American auto industry needed was a credit crisis.

But with banks tightening up their lending, any hope for a recovery in vehicle sales this year has been dashed.

The....

Read complete article

Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.