answersLogoWhite

0

The below answer is incorrect. Chrysler took about $4 billion before they filed bankruptcy. It will not be paid back. The government has since given them close to $8 million in loans that will have to be paid back, post-bankruptcy.

"Actually none. The 1979 "bailout" just guanteed loans that Chrysler got from the private sector. Kinda like having Uncle Sam co-sign for you.

As protection, the Feds held Chrysler assets as colateral if they had to start making loan payments on behalf of Chrysler. But the K-car was a big success and Chrysler paid off their government backed loans ahead of schedule."

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

How much money did Chrysler receive in federal bailout money?

Chrysler received approximately $12.5 billion in federal bailout money during the 2008 financial crisis. This assistance was part of a broader government effort to stabilize the auto industry, which was significantly impacted by the economic downturn. In exchange for the bailout, Chrysler underwent a restructuring process and ultimately emerged from bankruptcy in 2009.


How much bailout money did FORD receive?

Ford did not receive any bailout money.


How much does Chrysler owe for the bailout?

Chrysler took out private loans in May 2011 and paid off the US Government.


How much money was the economic bailout?

About 4 billion


How much bailout money did citi corp receive?

The Citi group bailout was agreed for $45Billion same as the Bank of America bailout. The numbers about who got what and how they are spending it are pretty much a secret.


How much money was given for auto bailout?

24 billion for the big three


How much did JP Morgan Chase receive in bailout money?

25 Billion


How much money did George W. Bush propose for the original bank bailout?

30 billion


How much money did Ford get from the bailout?

Ford did not take bailout funds from the U.S. government during the 2008 financial crisis, unlike General Motors and Chrysler, which received significant assistance. Instead, Ford secured a $23.5 billion loan from the U.S. Department of Energy in 2009 to support the development of fuel-efficient vehicles and to restructure its operations. Ford managed to avoid bankruptcy by leveraging its assets and securing private financing prior to the crisis.


How much money does Chrysler owe to the US Govt?

nothing they make money not give it to the us


How much money did it take to build Chrysler building?

$20,000,000 in 1930


Why are central banks printing so much money?

Central Banks print so much money because it has attempted to bailout since the financial crisis in 2007. One intervention approach has been to printout more money in an attempt to become a money pump.