Ford re-recalling 225,000 vehicles
CNN Money
Ford Motor Company is recalling 225,000 vehicles for a second time. The cars, trucks and SUVs are among 9.5 million vehicles that have been recalled since 1999 to fix a faulty cruise control switch.
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Utility-Peterbilt Opens PacLease Dealership
Construction Equipment Guide
Utility-Peterbilt of Indianapolis recently opened a new PacLease franchise at its dealership location. The franchise, Utility-Peterbilt PacLease of Indianapolis, became the first Peterbilt-PacLease franchise in the area, said Nammy Eskar, president of the Indianapolis based dealership group.
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HSBC to provide $35B to shaky vehicles
CNN Money
HSBC Holdings on Monday said it would move two of its structured investment vehicles onto its balance sheet and provide up to $35 billion in funding, saying it doesn't expect a near-term resolution of the funding problems faced by the vehicles that it and other banks hold.
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