Ford to Make Car Payments for Buyers Who Lose Jobs

Firm will cover up to $700/month for a year

By Matt Cantor, Newser Staff

Posted Mar 31, 2009 10:00 AM CDT

(Newser) – With auto sales battered by the recession and tight credit, Ford is offering a payment protection plan to reassure consumers delaying buying new cars because of job-loss fears, the AP reports. The automaker will cover payments of up to $700 each month for up to... Read full story »

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Ford to Make Car Payments for Buyers Who Lose Jobs

Firm will cover up to $700/month for a year

General Motors • Ford • Hyundai • auto industry • auto sales • payments

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More Newser Stories

Car Sales Jumped 14% Last Month

Chrysler, VW saw huge gains

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But all three domestic automakers suffered in '09

US Automakers See Sales Increase in May

Ford, GM have best month of 2009

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Sales were artificially high in boom years; rebound unlikely

GM Sales Off 41%; Toyota, Ford, Honda All Down 30%

Bad times for autos of every stripe

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