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

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

Chrysler To Pay Back U.S Government Loans
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  The Chrysler Group LLC is expected to announce today that it has reached a deal to refinance its debt. The Auburn Hills based company plans to repay $7.5 billion in government loans to both the U.S and Canadian governments by May 24th. Chrysler owes $5.9 billion to the U.S and $1.6 billion to Canada…. Continue Reading...
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