Chrysler Repays $7.6 Billion In Outstanding U.S, Canadian Loans

Chrysler Repays $7.6 Billion In Outstanding U.S, Canadian Loans
Share this Article
The Chrysler Group has repaid it outstanding debt worth $7.6 billion in loans to the U.S and Canadian governments. This ends nearly two years of public ownership of the third largest U.S automaker. Chrysler made a payment of $5.9 billion to the U.S Treasury and $1.7 billion to Export Development Canada- finally ending loans that… Continue Reading...

Chrysler To Repay Government Loans This Summer Thanks to Creative Debt Refinancing

Chrysler To Repay Government Loans This Summer Thanks to Creative Debt Refinancing
Share this Article
Chrysler Group LLC has just announced that it plans to fully repay the loans it took from the U.S. and Canadian governments by the middle of this year. In a statement from the auto maker, it says “Chrysler Group intends to complete the repayment during the second quarter of 2011 from proceeds of a new… Continue Reading...
x

Subscribe to our email newsletter and automatically be entered to win.

Get Breaking Automotive News, Reviews and Video in your Facebook Feed!

Already Liked