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Honda getting in line for loans from the Japanese Government too.
 Date: March 04, 2009 11:22
 Submitted by:  JeffX
 Source: Wall Street Journal/Dow Jones Newswire
 Credibility Rating: Not Specified


By YOSHIO TAKAHASHI

TOKYO -- Honda Motor Co. said it is seeking a government loan to help shore up funds at its U.S. operations, becoming the latest Japanese auto maker to ask for Tokyo's help in doing business abroad.

The development comes one day after the financial arm of Toyota Motor Corp., the world's largest auto maker by sales, said that it is in talks with Japan Bank for International Cooperation to line up financing.


Read the rest of the story at the Easybourse.com

Last edited by JeffX on March 04, 2009 11:27

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