Agent009 submitted on 4/21/2011 Auto Spies Photos Timestamp: 12:22:47 PM
Views : 5,602 | Category: Misc News | Source: | SOURCE: detnews.com
The Obama administration said Fiat SpA's decision to boost its stake in Chrysler Group LLC by 16 percent and refinance its outstanding government loans will speed the government's exit from the auto industry. "Today's announcement takes us one step closer to exiting the U.S. taxpayers' investment in Chrysler. We are looking forward to the full repayment of our loan to Chrysler, which today's announcement from Fiat is contingent upon," said Tim Massad, the Treasury Department's acting assistant secretary for financial stability.2011 New York Auto Show Photo GalleryNew York Auto Show Preview Photo Gallery2012 Audi A7 USA Model Photo GalleryLexus LF-Gh Concept Photo Gallery2012 Audi Q3 Photo GalleryAutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on FacebookRead Article
"Today's announcement takes us one step closer to exiting the U.S. taxpayers' investment in Chrysler. We are looking forward to the full repayment of our loan to Chrysler, which today's announcement from Fiat is contingent upon," said Tim Massad, the Treasury Department's acting assistant secretary for financial stability.
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