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Page added on March 11, 2009

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Deadlines for green car loans removed

As the urgency to secure green car loans takes on added impetus in the automotive sector, one of the obstacles to getting loans out of the door as soon as possible has been removed.

Energy Secretary Steven Chu has been eager to scrap deadlines and review applications on a rolling basis so that requests could be considered and approved as they come in rather than waiting until the end of each quarter to review and finalise decisions.

Now the Department of Energy (DOE) has announced that it will
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