For cryin’ out loud why would a car manufacturing giant like Nissan need loans from the taxpayer to produce a car?
“For cryin out loud why would a car manufacturing giant like Nissan need loans from the taxpayer to produce a car?”
Nissan isn’t what it used to be.
https://en.wikipedia.org/wiki/Carlos_Ghosn
Minimal fees, low interest rates (2-4%), up to 25 year term (depending on the estimated useful life of the asset). In other words, cheaper capital than they could get elsewhere.