Publisher

United States: Department of the Treasury

Media Date

1-16-2009

Media Type

Document

Content Type

Press Release

Country/Region

United States

Language

English

Crisis

Global Financial Crisis (2007-2009)

Case Series

The Rescue of the U.S. Auto Industry

Intervention

Capital Injection -Specific Firms; Credit Line; Emergency Liquidity-Specific Firm

Additional Information

Treasury Department announces that it will make a $1.5 billion loan to a special purpose entity created by Chrysler Financial to finance the extension of new consumer auto loans as part of a broader program to assist the domestic automotive industry in becoming financially viable.

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