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Chrysler gets $4bn emergency loan

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Anonymous
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Chrysler gets $4bn emergency loan

Carmaker Chrysler has received a $4bn (£2.75bn) emergency loan from the US government in a deal to help it stave off collapse.

It is part of a $13.4bn rescue package approved last month by Washington for Chrysler and its rival General Motors.

Both companies said they needed the money to pay suppliers at a time of plunging sales and credit concerns. Jawdropping!

Boanerges
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Joined: Sep 20 2008
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They should let them go

They should let them go under.

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