Diane Alter – AHN News Reporter Detriot, MI, United States (AHN) – Chrysler reported a $225 million profit on Wednesday. The company capped its first profitable year since its government bailout and bankruptcy in 2009. The fourth quarter results were fueled by $15.1 billion in revenue, a 41 percent increase from the same period a [...]
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Chrysler posts $225 million profit
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Comments OffGM back on top as world’s biggest automaker
admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Even if you prefer Ford, BMW, Mercedes or Volkswagen, if you are an American taxpayer, you are cheering the news. General Motors, one-third of whose shares are owned by U.S. taxpayers, sold 9,025,942 vehicles in 2011, up 7.6 percent from 2010. The [...]
Posted in Car Check Tags: american taxpayer, bailout, car, compact car, Cruze, first nine months, floods in thailand, General, King, largest automaker, massive floods, million cars, news, percent, production, same time period, share, share shares, spot, taxpayer, tsunami, tsunami in japan, volkswagen Comments OffGM earnings soar 92 percent on global sales
admin Linda Young – AHN News Writer Detroit, MI, United States (AHN) – General Motors saw its second quarter earnings surge by 92 percent compared to the same period a year earlier. It earned $2.5 billion compared to the $1.3 billion GM earned a year earlier. The nation’s No. 1 automaker had revenue of $39.4 billion, [...]
Posted in Car Check Tags: 1 automaker, AHN, automaker, bailout, fortune 500, General, general motors, global sales, Linda, linda young, million vehicles, Money, news, news writer, percent, revenue, s sales, second quarter earnings, share, time, View, worldwide, year Comments OffChrysler repays $7.5 bil debt (Investor’s Business Daily)
admin Investor’s Business Daily – The carmaker repaid two gov’t loans in full six years ahead of schedule. Chrysler paid back $5.9 bil to the Treasury and $1.7 bil to the Canadian gov’t, a move that distances itself from its 2009 bailout, and advances Fiat’s plans to acquire a controlling stake. The Treasury still owns a [...]
Chrysler to repay $7.5 billion bailout loans
admin Vittorio Hernandez – AHN News Detroit, MI, United States (AHN) – Chrysler Group has apparently recovered from the slump that hit the auto industry in 2008. With the carmaker’s start of recovery, the company will repay on May 24 the $7.5 billion it borrowed from the U.S. and Canadian governments to further improve its bottom [...]
Posted in Best Autos Tags: american car, auto industry, bailout, canadian governments, car, car industry, carmaker, chrysler group, Detroit, economy business, General, government loans, group, Hernandez, interest, line, manufacturing, manufacturing firm, news, percent, restructuring, richard palmer, stake Comments OffChrysler says it will repay $7.5 billion in bailout money
admin Chrysler Group will take out bank loans and sell bonds to repay $7.5 billion in bailout money from the U.S. and Canadian governments, another sign that the automaker is recovering from its near-collapse in 2009. View full post on All Stories
Chrysler seeking new bailout terms
admin DETROIT, Feb. 5 (UPI) — Chrysler Group LLC’s chief executive officer said the automaker is negotiating for a better deal on its U.S. bailout and seeking a new $3 billion grant. View full post on All Stories
Chrysler CEO wants to shed ‘shyster’ loans
admin Chrysler is working to refinance what its chief executive characterized as “shyster loans” that the Obama administration extended as part of a bailout to keep the automaker from collapse in 2009. View full post on All Stories
Chrysler must shed “shyster” bailout loans: CEO
admin Chrysler is working to refinance what its chief executive characterized as “shyster loans” that the Obama administration extended as part of a bailout to keep the automaker from collapse in 2009. View full post on All Stories
Small Business Grants For Women Owned Businesses
Melissa Sabella Women and minority Americans have an opportunity to obtain thousands of dollars in small business grants, which is free money that never has to be repaid. The media spent a lot of time discussing the mortgage and bailout grants that have been made available to the American people. What they haven’t discussed is the billions of dollars that are also available to small business owners, including women and minority entrepreneurs.
Posted in Car Loan Tags: America, author melissa, bailout, Business, credit markets, financial hardships, free grant applications, free grant money, Government, grant, lot, Melissa SabellaArticle, minority, minority americans, minority entrepreneurs, Money, Mortgage, office computers, opportunity, photo captions, Small Business Grants, small business owners, time, way, Women Comments Off
