Printer Friendly

Bank of America to offer financing for electric car.

Global Banking News-16 July 2009-Bank of America to offer financing for electric car(C)2009 ENPublishing -

Global Banking News - 16 July 2009(c)2005 - Electronic News Publishing -

Bank of America Corp (NYSE: BAC) is to provide financing for Tesla Motor's electric car.

Tesla Motors said that the bank would provide financing for the purchase of its all-electric Roadster sports car. The company hoped that the financing would make the car affordable for a larger number of customers.

The car currently has a starting price of USD109,000.

[Editorial queries for this story should be sent to]

((Distributed via M2 Communications -
COPYRIGHT 2009 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Jul 16, 2009
Previous Article:Barclays planning for private equity unit sale.
Next Article:Umpqua Holdings changes name of subsidiary.

Related Articles
Bank of America and GE sell FDIC debt.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters