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GM, Chrysler Bailout Loans Could Cost Taxpayers Up To $16B

GM, Chrysler Bailout Loans Could Cost Taxpayers Up To $16B

A report from the White House National Economic Council shows that the Obama administration expects to lose less than $16 billion on the bailout of General Motors, Chrysler, Ally Financial and Chrysler Financial. Of the $80 billion invested, some $40 billion has been recovered to date, already an... read more

June 1, 2011 by  - 7
 
Chrysler and Fiat logos

Fiat Ten Days Away From Majority Stake In Chrysler

By June 6, Fiat will own a controlling stake in American automaker Chrysler. The Wall Street Journal reports that Fiat will exercise an option in its contract to invest in... read more May 27, 2011 by  4


 
USPTO Chrysler Logo

California Investigates Chrysler-Owned L.A. Dealership

California's auto franchise law is fairly specific: automakers cannot own dealerships located within 10 miles of their franchised dealers. As with any rule, there are... read more May 27, 2011 by  1


 
2010 Dodge Ram 1500

Chrysler Delivers Experimental Ram Plug-In Hybrid Pickups

Chrysler has built a plug-in hybrid Ram pickup, but there’s one catch: the trucks aren’t for sale, and won’t be coming to a dealership near you any time... read more May 25, 2011 by 


 
2011 Hyundai Elantra

May Auto Sales: Hyundai And Kia Take Third Place, Ahead Of Toyota

Hyundai and Kia are this month expected to pull ahead of Toyota and Honda, to be the third top-selling brands in the U.S. market after only GM and Ford. Even more to the... read more May 25, 2011 by  1


 
Newt Gingrich

GOP To Detroit: We're Still Not That Into You

The 2012 Presidential campaign has already started, and yes, it looks like the bailout of the auto industry could end up being one of many points of debate. Chrysler's... read more May 24, 2011 by  4


 
2012 Chrysler 300 SRT8

Chrysler Pays Back U.S. and Canadian Loans

Chrysler has announced the repayment of $7.6 billion in government loans that we told you about last week. On Tuesday, Chrysler reported a $5.9 billion payment to the United... read more May 24, 2011 by 


 
USPTO Chrysler Logo

Chrysler To Repay Government, Aston Martin V12 Zagato: Today's Car News May 20, 2011

Yesterday we learned that Chrysler intends to repay its government loans by the end of the month. But in reality it's just repaying one loan with another. Will it have a... read more May 20, 2011 by  1


 
Chrysler Logo

Report: Chrysler To Repay Government Loans By End Of Month

Chrysler has struck a deal to refinance its debt, which will give the automaker the ability to repay $7.5 billion in government loans as early as next week, according to The... read more May 19, 2011 by  4


 
2011 Chrysler 300

Chrysler’s Future: Weak Sister Or Comeback Kid?

Is the Chrysler brand positioned for a Ford-like recovery or a continued decline in sales? The recent past is worrisome. While most other carmakers posted a healthy increase... read more May 16, 2011 by  4


 
2011 Chrysler 300

Chrysler 300 and Mom: They Both Got Heart

It’s Mother’s Day as I write this and of course today was a day of flowers and gifts and treating mom right, and generally trying not to step on her toes... read more May 8, 2011 by  1


 
2011 Cadillac CTS Sedan

All-Wheel Drive Gaining Traction In More Than Just Luxury Vehicles

Given a choice between a front-wheel-drive (FWD) vehicle and one that has all-wheel drive (AWD) -- depending on the buyer and the vehicle -- consumers seem increasingly... read more May 6, 2011 by 


 
2012 Chrysler 300 SRT8

Chrysler In the Black; First Profit Since Bankruptcy

Fresh from announcing a range of new vehicles at the 2011 New York auto show, Chrysler says it's turned in its first quarterly profit since it emerged from bankruptcy. The... read more May 2, 2011 by  2


 
Chrysler headquarters

BREAKING: Chrysler To Repay U.S., Canadian Loans By June 30

Yesterday, we told you that Chrysler was on the brink of announcing a plan to repay its debts to governments of Canada and the U.S. Now, they've gone and done it: according... read more April 28, 2011 by  1


 
2009 Chrysler Sebring 2-door Convertible Touring Door Controls

Report: Chrysler To Announce Repayment Of Government Loans

Sources close to Chrysler report that the automaker is close to announcing a refinancing package that would eradicate $6.6 billion in loans provided by the U.S. and Canadian... read more April 27, 2011 by 


 
2011 Chrysler 200 S

Chrysler: Frequent Design Changes Key To Sales Growth

If you're shopping for a new car and have a preference for Chrysler Group products, expect to see frequent model updates from Chrysler, Dodge and Jeep in the coming years... read more April 21, 2011 by  8


 
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