Friday, 22 July 2011

U.S. Government Ends Chrysler Investment With $1.3 Billion Loss

The U.S government has sold its shares in Chrysler LLC at a likely loss of $1.3 billion in taxpayer money, the Treasury Department said Thursday, announcing the end of a controversial investment that resurrected the troubled auto company.  Italian automaker Fiat SpA, which has run the company since ...

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