Chrysler Ready to Pay Back Government Loans
Chrysler is poised to repay its loans from the U.S. and Canadian governments, with money borrowed from private sources.
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Chrysler is poised to repay its loans from the U.S. and Canadian governments, with money borrowed from private sources.
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Chrysler is expected to pay off its government loans as early as next week, using money it's raised through private sources. This doesn't get the company out of debt, but it does save it more than a billion dollars each year in interest payments.