Fiat And Chrysler CEO Says He Hopes Chrysler Will Repay Government Loans This Year

Purveyor

(1000+ posts) Send PM | Profile | Ignore

Fri Jan-07-11 03:12 PM
Original message

Fiat And Chrysler CEO Says He Hopes Chrysler Will Repay Government Loans This Year

Source: Associated Press

BRAMPTON, Ontario (AP) -- Fiat and Chrysler CEO Sergio Marchionne says he's wants to pay back the loans Chrysler got from the U.S. and Canadian governments this year if he can.

Marchionne said Friday he remains committed to that objective. He made the remarks to reporters while at a Chrysler plant in Brampton, Ontario after meeting with employees to celebrate the production launch of the redesigned 2011 Chrysler 300, Dodge Charger and Dodge Challenger

He says Chrysler is paying more than $1 billion a year in interest to Canadian and U.S. taxpayers.

Read more: http://www.fox8.com/business/sns-ap-cn-canada-chrysler-ceo,0,3482878.story

Printer Friendly | Permalink | | Top

Botany

(1000+ posts) Send PM | Profile | Ignore

Fri Jan-07-11 03:37 PM
Response to Original message

1. paying back the loans and with interest too?

That socialist Obama helped save a capitalist company ......

:rofl:

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Sat May 04th 2024, 12:38 AM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.