Cars
The Chrysler Group announced the repay of U.S. and Canadian government loans totaling $7.6 billion (€5.39 billion), more than six years ahead of schedule. More specifically, the Detroit automaker made a payment of $5.9 billion to the U.S. Treasury (UST) and $1.7 billion to Export Development Canada (EDC) to retire the loans granted in June 2009. EDC is the holding company through which the Canadian federal and Ontario provincial governments provided loans to Chrysler Group. Read more »
- The Year That Was: The Chrysler Group Rewinds 2011
The Chrysler Group has put together a video that highlights all the important events that took place in the year. These include several important product introductions such as the new Chrysler 300 and 200, the redesigned Dodge Charger and new Durango,...
- Chrysler Group To Repay $7.5 Billion Of Government Loans By The End Of June
In order to pave the way for Fiat to reach 51 percent ownership of the Chrysler Group, the Auburn Hills-based automaker announced today that it intends to repay in full the loans provided by the U.S. and Canadian governments back in 2009 ($7.53 billion...
- Gm Pays Back Remaining $5.8 Billion In Loans To U.s. And Canada
Good news to all you GM investors out there: the General has just wrapped-up paying back its US Treasury / Export Development Canada loans while also investing $257 million in prepping its Malibu plants in Fairfax, Kansas (primary) and Detroit Hamtramck...
- New Study Says That Every Gm Vehicle Sold In The States Costs Taxpayers $12,200 - In Theory...
It's 'bailout talk' time again as a new study that was conducted by Thomas D. Hopkins, a Professor of Economics at Rochester Institute of Technology, for the 362,000-member strong National Taxpayers Union (NTU), finds that the American taxpayer...
- Bush Administration Grants $17.4 Billion Loans To Gm And Chrysler
Detroit's Big-Three automakers may have failed to convince the Congress last week to provide $14 billion in loans, but when there's a will, there's a way. In an unprecedented move, the Bush Administration granted GM and Chrysler LLC $13.4...
Cars
Chrysler Group Repays US and Canadian Government Loans in Full
The Chrysler Group announced the repay of U.S. and Canadian government loans totaling $7.6 billion (€5.39 billion), more than six years ahead of schedule. More specifically, the Detroit automaker made a payment of $5.9 billion to the U.S. Treasury (UST) and $1.7 billion to Export Development Canada (EDC) to retire the loans granted in June 2009. EDC is the holding company through which the Canadian federal and Ontario provincial governments provided loans to Chrysler Group. Read more »
- The Year That Was: The Chrysler Group Rewinds 2011
The Chrysler Group has put together a video that highlights all the important events that took place in the year. These include several important product introductions such as the new Chrysler 300 and 200, the redesigned Dodge Charger and new Durango,...
- Chrysler Group To Repay $7.5 Billion Of Government Loans By The End Of June
In order to pave the way for Fiat to reach 51 percent ownership of the Chrysler Group, the Auburn Hills-based automaker announced today that it intends to repay in full the loans provided by the U.S. and Canadian governments back in 2009 ($7.53 billion...
- Gm Pays Back Remaining $5.8 Billion In Loans To U.s. And Canada
Good news to all you GM investors out there: the General has just wrapped-up paying back its US Treasury / Export Development Canada loans while also investing $257 million in prepping its Malibu plants in Fairfax, Kansas (primary) and Detroit Hamtramck...
- New Study Says That Every Gm Vehicle Sold In The States Costs Taxpayers $12,200 - In Theory...
It's 'bailout talk' time again as a new study that was conducted by Thomas D. Hopkins, a Professor of Economics at Rochester Institute of Technology, for the 362,000-member strong National Taxpayers Union (NTU), finds that the American taxpayer...
- Bush Administration Grants $17.4 Billion Loans To Gm And Chrysler
Detroit's Big-Three automakers may have failed to convince the Congress last week to provide $14 billion in loans, but when there's a will, there's a way. In an unprecedented move, the Bush Administration granted GM and Chrysler LLC $13.4...