08 Ford F-350 Box Truck Power Stroke Turbo Diesel Dually 2wd 1owner 80+ Pics on 2040-cars
Parker, Colorado, United States
Body Type:Pickup Truck
Engine:6.4L
Vehicle Title:Clear
Fuel Type:Diesel
For Sale By:Dealer
Year: 2008
Make: Ford
Model: F-350
Cab Type (For Trucks Only): Regular Cab
Trim: Box Truck
Warranty: Vehicle does NOT have an existing warranty
Drive Type: 2WD
Options: CD Player
Mileage: 168,222
Exterior Color: White
Interior Color: Gray Vinyl
Disability Equipped: No
Number of Cylinders: 8
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EU formally questions French government assistance of Peugeot's finance arm
Fri, 28 Dec 2012Recently, the finance arm of PSA/Peugeot-Citroën was in such debt trouble that it was pricing itself out of the car loan market. The rates it was paying to service its debt, which was rated one step above junk, were so high that it was forced to charge car-buying customers higher rates than they could find elsewhere. This was adding to Peugeot's already impressive woes by sending revenue out the door to competitors.
Two months ago a deal was worked out with the French government whereby the state would provide 7 billion euro ($9 billion USD) in bonds to guarantee the finance arm's loans. The French government could nominate someone to join the Peugeot board, Peugeot would guarantee more French jobs, and on top of that deal, other banks would provide non-guaranteed loans. The government would take no equity stake in the car company.
Although not yet finalized, the arrangement is meant to create some breathing room for Peugeot Finance to lower its interest rates for customers, and a government-nominated board member, Louis Gallois, was recently named to Peugeot's supervisory board. The arrangement was also openly questioned by at least three competitors: Ford, Renault - which is 15-percent owned by the French government after it received state aid - and the German state of Lower Saxony, itself a 15-percent shareholder in Volkswagen.
Latest Forza Horizon 3 car pack features a Skyline and a fast Swedish wagon
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Detroit 3 and UAW could create healthcare pool
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