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Chrysler Group is currently trying to find ways to pay back a $7bn debt to the U.S. and Canadian Governments before an eventual IPO (initial public offering of shares). Accoring…
January 17, 2011Read More
General Motors is finalizing the process of raising $13 billion to re-pay government funds that had made it a taxpayer owned company. According to documents filed with the Securities and…
November 6, 2010Read More
AmeriCredit Corp, one of the largest independent auto finance companies in the US with business valued at $9bn, is to be acquired by General Motors (GM) for approximately $3.5bn. This…
September 24, 2010Read More
