Tag Archives: Federal Loans

Chrysler Repays Loans Early

Posted in Used Car Dealer
In 2009, the Chrysler Corporation got in line for federal funding that would serve to bail the company out financially after the recession hit the auto industry, which resulted in tremendous losses to automakers. A loan was offered to Chrysler for $4 billion, but the company went into default shortly before filing bankruptcy. Recently Chrysler [...]
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