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Government bailout

 
GM Buys Back $5.5 Billion In Stock From The U.S. Government

GM Buys Back $5.5 Billion In Stock From The U.S. Government

General Motors has announced plans to buy back some of its stock from the U.S. Department of the Treasury, reducing the federal government's stake in the automaker by 40%. In a press release, GM says that it will purchase 200 million shares of common stock from the Treasury -- a significant chunk... read more

December 19, 2012 by  - 5
 
Ford Drive One Ad

Ford's 'Press Conference' TV Spot Critical Of GM, Chrysler Bailout

Ford’s recent “press conference” television ads have a fairly simple premise: grab real life Ford owners and put them into an unscripted press conference... read more September 16, 2011 by  3


 
Chevy, Buick, and GMC 'Main Street in Motion' drive event, CitiField, NYC, June 2011

Chevy, Buick, GMC Get 'Butts In Seats' Via Stadium Drive Days

Let's say you're the largest U.S. automaker, and you have a little problem. You're building cars that get good reviews for features, fit, finish, and fuel economy, but half... read more June 20, 2011 by  7


 
U.S.-spec 2012 Fiat 500c

Fiat Buys Out The Feds, Becomes Majority Owner Of Chrysler

It's hard to believe that two years have passed since Chrysler's Chapter 11 hearings concluded (next Friday is the grim anniversary). Now, the automaker is preparing to begin... read more June 3, 2011 by  7


 
U.S. Capitol

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... read more June 1, 2011 by  7


 
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 


 
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


 
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 


 
GM logo

U.S. Government Ponders GM Exit Strategy

If you were a 26.5 percent shareholder in a major corporation with a declining stock value, what would you do? Would you look to dump your shares, which you bought at $53... read more April 19, 2011 by 


 
Detroit

The Road Ahead: Auto Insiders Predict Big Gains For Detroit's Big Three

Yesterday, we spent a little time looking back at 2010, so it's only fair that we now turn 180 degrees and look at what the future holds for America's automakers. Thankfully... read more January 6, 2011 by 


 
Teen driver

41% Say 'Buying American' Is Most Important When Shopping For A Car (But What's 'American'?)

Each of us has a slightly different set of criteria when we go shopping for a new ride. Some are obsessed with horsepower, some want airbags, and some marketing folks believe... read more November 23, 2010 by  13


 
General Motors Renaissance Center, Detroit, Michigan

GM Lands $5 Billion Line Of Credit, Could File For IPO By Tomorrow

Last week, Ed Whitacre said that he was unsure about the timeline for General Motors' initial public offering. Analysts have been expecting GM to return to the stock markets... read more August 12, 2010 by 


 
Edward E. 'Ed' Whitacre, Jr.

General Motors Goes Public About Going Public

A little over a year ago, General Motors was split in two: stockholders were left with shares in "Old GM", known officially as "Motors Liquidation Company" -- currently... read more August 6, 2010 by 


 
Barack Obama

Obama: Auto Industry Bailout To Be Repaid To Taxpayers

One year ago, America's automakers were facing one of the worst sales slumps to ever hit the industry, the effects of which even caused two of them to file for bankruptcy. In... read more July 30, 2010 by  2


 
GM and Chrysler logos

The Bailout, One Year Later: Where Are They Now?

One year ago, America's auto industry was going through very tough times. Caught in the quagmire of recession, two of Detroit's Big Three had filed for bankruptcy, and they'd... read more July 20, 2010 by  6


 
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