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I was reading an article online about Fait and Chrysler?

It was talking about Obama and Romney. How are they connected to Fiat bailout with Chrysler? Does Fiat own Chrysler? Is it Obama or Romney the reason Fiat owns most of Chrysler and wants to move 'some' of Jeep's manufacturer to China? Is that true to. Is Chrysler going downhill with it's American roots? I'm so lost since Chrysler got that bailout!!!

Asked By: - 10/28/2012
Best Answer - Chosen by Asker
Chrysler Group LLC has repaid $7.6 billion in outstanding U.S. and Canadian government loans. The original loans were repaid in full, more than six years ahead of schedule, along with the payment of accrued interest and additional consideration... More
Answered By: Chrysler Group Cares - 10/29/2012
Additional Answers (1)
Fiat owns about 35% of Chrysler, I think that is the correct percentage, quite frankly I haven't been keeping up with what's happening there. Fiat bought into the company to help pay off the loan Chrysler received from the US government, Chrysler had a good bit of cash prior to that but it was siphoned off by Daimler... More
Source(s):
Answered By: Don't know everything ! - 10/29/2012
 
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