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February 10, 2012

March 27, 2008

Mizuho Corporate Bank to help finance Tata Motors’ auto acquisitio…

by admin — Categories: NewsLeave a comment

The News Review:

- Mizuho Corporate Bank to help finance Tata Motors’ auto acquisitio…
- Pressure is too great for some auto parts suppliers
- SportingNews.com – Your expert source for NASCAR Auto Racing stats…

Mizuho Corporate Bank to help finance Tata Motors’ auto acquisitio…
MarketWatch – Mar 27, 2008
to help finance its purchase of the Jaguar and Land Rover units of Ford Motor Co. a person familiar with the matter said. Earlier Thursday the Nikkei reported that Bank of Tokyo-Mitsubishi UFJ would also extend nearly Y40 billion to the Indian auto maker. Tata Motors is reportedly seeking a $3 billion syndicated loan from a consortium of Indian and overseas banks.

Pressure is too great for some auto parts suppliers
USA Today – Mar 27, 2008
The plastics company which had revenue topping $1 billion in 2004 was heralded as a triumph in the auto industry. And CEO Julie Nguyen Brown and her plastics company were seen as the gold standard to which other minority-owned firms should aspire. In February however Plastech crumbled under the pressures facing the entire automotive supply chain filing for bankruptcy-court protection and ending up in a nasty public dispute with Chrysler one of its primary customers. Plastech was one of two plastics suppliers to file for bankruptcy protection last month and industry watchers say more parts makers are on their way.

SportingNews.com – Your expert source for NASCAR Auto Racing stats…
SportingNews.com – Mar 27, 2008
His NASCAR resume is four races in the Nationwide Series and one in the Craftsman Truck Series. The other driver is the two-time defending Cup champion with 33 career wins. Other than the fact both are winless in 2008 you wouldn’t think Michael McDowell and Jimmie Johnson had anything in common.

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