THANK YOU AMERICA!!! Chrysler Gets $4 Billion Loan In U.S. Bailout

DETROIT — Chrysler LLC received its $4 billion low-interest federal loan Friday, helping the auto maker continue funding its operations ... the next two months. Chrysler has been hurt more than GM and Ford Motor Co. by the U.S. recession because it relies on North America for about 90% of its sales. Tight credit and a weak economy [more...]

Date: 2009-01-04 19:05:27

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The Pride

is Back!Aaaand......now it's gone again.Chrysler selflessly volunteers to absorb part of America's dangerous money surplus:Chrysler Gets $4 Billion Loan in U.S. BailoutBy JEFF BENNETTDETROIT -- Chrysler LLC received its $4 billion low-interest federal loan Friday, helping the auto maker continue funding its operations [more...]

Date: 2009-01-03 06:45:00

Back to the Future

My understanding is that auto loans were once a major product for credit unions, until the automakers muscled them out with their own financing arms. NEW YORK (AP) -- Automakers General Motors Corp. and Chrysler LLC, along with a group of credit unions, said Wednesday that they are expanding to all 50 states programs that offer low-cost loans [more...]

Date: 2009-01-08 00:02:00

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