Chrysler group repays US and Canadian Government
May 24, 2011
Chrysler Group LLC Completes Refinancing and Repays U.S. and Canadian Government Loans in Full More than six years ahead of schedule, Chrysler Group fulfills promise to taxpayers and repays original government loans totaling $6.7 billion, in addition to $1.8 billion of interest and other consideration Intervention by U.S. and Canadian governments and strategic alliance with Fiat leads to 16 all-new or significantly refreshed vehicles currently in dealerships; more than $3 billion in facility upgrades; and increased employment with the hiring of 6,000 Chrysler Group employees CompanyâÂ?Â?s return to profitability and double-digit…
Chrysler Group LLC Completes Refinancing and Repays U.S. and Canadian Government Loans in Full More than six years ahead of schedule, Chrysler Group fulfills promise to taxpayers and repays original government loans totaling $6.7 billion, in addition to $1.8 billion of interest and other consideration Intervention by U.S. and Canadian governments and strategic alliance with Fiat leads to 16 all-new or significantly refreshed vehicles currently in dealerships; more than $3 billion in facility upgrades; and increased employment with the hiring of 6,000 Chrysler Group employees CompanyâÂ?Â?s return to profitability and double-digit…