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Chrysler Repays $7.6 Billion in Government Bailout Loans

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Old May 24, 2011 | 07:30 PM
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Default Chrysler Repays $7.6 Billion in Government Bailout Loans

Chrysler CEO Sergio Marchionne announced Tuesday that the U.S. automaker, which was rescued from bankruptcy in 2009 with billions of dollars in loans from American and Canadian taxpayers, has repaid $7.6 billion to the governments of both those countries.

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