chrysler

Chrysler Repays $7.6 Billion To U.S. And Canadian Governments

Chrysler Repays $7.6 Billion To U.S. And Canadian Governments

Chrysler today paid back $5.9 billion it had borrowed from the U.S. government, along with another $1.7 billion due to the governments of Ontario and Canada. No, Chrysler isn’t suddenly flush from selling cars. The money to pay back the governments comes from bonds the automaker sold to banks and private investors last week. [More]