Nissan Motor to Sell $500 Million in Auto Loan Bonds (Update2) (Bloomberg)
Dec. 1 (Bloomberg) -- Nissan Motor Co. ’s finance unit plans to raise $500 million in the first sale of U.S. auto-loan bonds since U.S. Treasury Secretary Henry Paulson said the government would shift the focus of his financial-industry rescue package toward bolstering investment in consumer debt.

Nissan Motor to Sell $500 Million in Auto Loan Bonds (Update1) (Bloomberg)
Dec. 1 (Bloomberg) -- Nissan Motor Co. ’s finance unit plans to raise $500 million in the first sale of auto-loan bonds in the U.S. since the Federal Reserve agreed to support the market.

US diluted loan rules before financial meltdown (The Arizona Republic)
AP IMPACT: US diluted loan rules before crash.

Ford Chief to Drive to Washington for Hearings on Aid (Update3) (Bloomberg)
Dec. 1 (Bloomberg) -- Ford Motor Co. Chief Executive Officer Alan Mulally will drive to Washington for hearings on an industry loan package after members of Congress criticized automaker CEOs for flying corporate jets last month.

Home loan firms not to cut rates (Business Standard India)
Say cost of funds too high to lower lending rates. A slew of measures by the Reserve Bank of India (RBI) during the last few weeks may have led to a reduction in home loan rates by public sector banks, but housing financial companies (HFCs) are in no mood to reduce lending rates.