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« Gates: Important Decisions Surround July Drawdown | Main | Obama: Auto-Industry Is Profitable Again »
Friday
Jun032011

Obama: Chrysler Will Soon Be 100 Percent Privately Owned

AuthorStaff DateFriday, June 3, 2011 at 3:39PM

President Barack Obama touted his administration’s bailout of the auto industry during remarks Friday before auto-workers in a Toledo, Ohio based Chrysler plant. Obama noted that Chrysler will soon be 100 percent privately owned now that Fiat has agreed to buy the U.S. government’s remaining interests. (0:10) 

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