Ford Credit lengthens auto loan terms to spur sales
Ford Motor Credit Co executives say extended financing periods help buyers amid higher new-car fees and tight credit, with about 20 percent of November contracts beyond 36 months. Edward C. Nevergold notes longer terms let customers get the desired car without higher monthly payments, though total financing charges rise.
MENTIONED IN THIS ARTICLE
Edward C. Nevergold
Ford Motor Credit Co
Ofes Eee
Ford
Nevergold
Ford Credit
Humphrey campaign aide indicted over dairy group gift
Jack L. Chestnut, longtime Humphrey aide, faces a one count indictment in U.S. District Court for allegedly arranging a $12,000 campaign contribution from Associated Milk Producers Inc. to Humphrey campaigns. He could face up to two years in jail and $10,000 fine. Chestnut pledges to fight the charges.
MENTIONED IN THIS ARTICLE
New York
Hubert H. Humphrey
Senate
Humphrey
Jack L. Chestnut
U.S. District Court
Minneapolis
Chestnut
Associated Milk Producers, Inc
Lennen & Newell
Lennen
AMPI
Dairy Cooperative
Lennon
Ship owners sue Bethlehem Steel over canal collision damages
Owners of three ships file federal suits seeking over 200000 dollars after the Steelton rammed a lift bridge in the W Canal, halting traffic for 15 days. Stella Maris II, Pallas, and others seek damages for lost time and crew costs as two to six more suits are planned.
MENTIONED IN THIS ARTICLE
Cleveland, Ohio
Bethlehem Steel Corp
W Canal
Steelton
Bethlehem
Stella Maris II
Stella Maris
Chicage
Thomas C. Murphy
Also Mentioned on This Page
Detroit
Auto Cuenta
Monroe
Wis
Bankamericard
Oman
Cn Cs
Weyer Hauser Line
Murphy
Bethlehem’s
Great Lakes Steamship Division
Middletown Federal
Internal Revenue Service
EROF
GMAN
Coders
Serge & Loar Insurance Corp
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