Publisher

United States: Department of the Treasury

Media Date

6-2-2011

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

U.S. Department of the Treasury announces that it reached an agreement to sell to Fiat Treasury's 6 percent fully diluted equity interest in Chrysler Group LLC and Treasury's interest in an agreement with the UAW retiree trust. After the completion of this transaction, Treasury will have fully exited its TARP investment in Chrysler Group LLC.

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