Wednesday, May 25, 2011

Chrysler repaid the government aid completely

Chrysler repaid its $ 7,600,000,000 state aid. The U.S. automaker had announced the repayment and then paid back 5.9 billion U.S. dollars to the U.S. government and 1.7 billion dollars in Canada. This also paves the way for adoption by the majority interest in Chrysler, Fiat. Fiat has now informed the share of Chrysler was to have been increased to 46 percent.

By the end we will step up to 51 percent. The Italian carmaker was entered in the course of the insolvency proceedings at Chrysler. Since that Fiat CEO Sergio Marchionne Chrysler and Fiat. (Ampnet / Sm

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