Quote:
Originally Posted by Zeus
Good point. And if there is anything we can take away from this, its that we can always count on Chrysler to back up their prior commitments.
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That was one of the mandates the Obama administration put down, that Chrysler HAD to payback its secured debt. Which is exactly what Chrysler is doing. It also is required to pay back the 500 Million they assumed from OldCar Co., which is part of the bailouts.
By mandate the US govt. told them to do more with less, which is why you're seeing less "original" Chrysler designs and more reliance on incoming Alfa Romeo and Fiat cars. They also slashed Chrysler Group's advertising ability.