http://www.foxbusiness.com/story/markets/industries/transportation/taxpayers-b-invested-auto-makers/
Quote:
The taxpayers’ investment in the U.S. auto industry rose to $80.3 billion, after the U.S. Treasury provided a new $30.1 billion bankruptcy loan to General Motors (GMGMQ: undefined, undefined, undefined%) on Wednesday, two days after GM filed for bankruptcy, a new Treasury report said.
Quote:
TARP's automotive-industry financing program investments to date are:
Dec. 29, GMAC LLC, $5 billion
Dec. 29, General Motors, $884,024,131
Dec. 31, General Motors, $13.4 billion
Jan. 2., Chrysler Holding, $4 billion
Jan. 16, Chrysler Financial Services, $1.5 billion
Apr. 22, General Motors, $2 billion
Apr. 29, Chrysler Holding, $500 million
Apr. 29, Chrysler Holding, $280,130,642
May 1, Chrysler LLC, $3.043143 billion
May 20, Chrysler LLC, $756.857 million
May 20, General Motors, $4 billion
May 21, GMAC, $7.5 billion
May 27, New CarCo Acquisition, $6.943 billion
May 27, General Motors, $360,624,198
June 3, General Motors, $30.1 billion
Quote:
The taxpayers’ investment in the U.S. auto industry rose to $80.3 billion, after the U.S. Treasury provided a new $30.1 billion bankruptcy loan to General Motors (GMGMQ: undefined, undefined, undefined%) on Wednesday, two days after GM filed for bankruptcy, a new Treasury report said.
Quote:
TARP's automotive-industry financing program investments to date are:
Dec. 29, GMAC LLC, $5 billion
Dec. 29, General Motors, $884,024,131
Dec. 31, General Motors, $13.4 billion
Jan. 2., Chrysler Holding, $4 billion
Jan. 16, Chrysler Financial Services, $1.5 billion
Apr. 22, General Motors, $2 billion
Apr. 29, Chrysler Holding, $500 million
Apr. 29, Chrysler Holding, $280,130,642
May 1, Chrysler LLC, $3.043143 billion
May 20, Chrysler LLC, $756.857 million
May 20, General Motors, $4 billion
May 21, GMAC, $7.5 billion
May 27, New CarCo Acquisition, $6.943 billion
May 27, General Motors, $360,624,198
June 3, General Motors, $30.1 billion