Chrysler
According to a recent CNNMoney story, Chrysler LLC won’t need additional federal funding to run it’s operations if it succeeds in securing $5 billion in low-interest loans by the end of the month. The money would be used to help Chrysler get through the crucial July shutdown period, when the automaker traditionally idles plants for up to two weeks. This loan would be in addition to the $4 billion they have already received from the government to avoid filing for bankruptcy. For more, head on over to CNNMoney.
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