Obviously, the American taxpayer still owns huge chunks of both Chrysler and General Motors, Micki.
The government has also dipped its toes into Debtor-In-Possession financing through its bailouts of Chrysler and General Motors.
Ohio and Michigan, of course, happen to hold the biggest concentrations of Chrysler and General Motors workers in the country.
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The American Automotive Policy Council, which represents Chrysler and General Motors as well as Ford, chimed in with its support.
They also want to help beleaguered U.S. auto companies like Ford, Chrysler and General Motors gain a foothold in the Korean market.
Local television advertising in America has been hit much harder, owing to the car industry's woes, especially the bankruptcies of Chrysler and General Motors.
As the lead advisor to the U.S. Treasury Department in restructuring bankrupt Chrysler and General Motors, Steven Rattner helped decide the fate of both companies.
The United States loaned money to Chrysler and General Motors.
Ever active at age 90, Kerkorian has bought up big stakes in both Chrysler and General Motors in recent years, in attempt to shake up management before selling out.
The failing economy, tightening credit and evaporating new-car sales counter-punched the auto industry late in 2008, leaving Chrysler and General Motors on the ropes and in need of immediate financial CPR.
Keeping up the pressure on Pandora, the radio station giant Clear Channel this morning announced a deal to integrate its Internet-based iHeart Radio service into Chrysler and General Motors vehicles.
But a new watchdog report says the Obama administration may have jeopardized tens of thousands of auto dealer jobs when it pressed Chrysler and General Motors to quickly shed more than 2, 000 dealerships last year.
Ever active at age 90, Kerkorian has bought up big stakes in both Chrysler and General Motors (nyse: GM - news - people ) in recent years, in attempt to shake up management before selling out.
They also want to help beleaguered U.S. auto companies like Ford (nyse: F - news - people ), Chrysler and General Motors (nyse: GM - news - people ) gain a foothold in the Korean market.
But I want to say emphatically that if the president had not done what he did in support of both Chrysler and General Motors our country would have lost millions of jobs and, you know, the technology in that particular industry allows us to put our foot in a lot of the different industries around the globe.
His administration provided bailout funding and ushered Chrysler and rival General Motors Co.
Fannie and Freddie remain the two biggest drains on the government, which has been working to extricate itself from the 2008 bailout period when the Treasury and Federal Reserve pumped hundreds of billions in bailout loans into banks like Citigroup and Bank of America, insurer AIG and automakers General Motors and Chrysler.
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Even though crossover sales suffered a slight setback in 2009, when the industry was battered by the recession and bankruptcies at General Motors and Chrysler, they have continued to attract new family customers.
There are some significant differences between Chapter 9, and the Chapter 11 reorganization that General Motors and Chrysler went through.
And the duties disproportionately fall on General Motors and Chrysler products because of the actions that President Obama took, as you know, to support the auto industry during the financial crisis.
Ford Motor reported sales were up 46%, Chrysler up 61% and General Motors up 22%.
In the coming days, the Treasury Department's pay czar, Kenneth Feinberg, is expected to announce compensation cuts of about 50% for the 25 highest-paid executives at American International Group, Bank of America, Citigroup, Chrysler, General Motors and the auto companies' financing arms.
As a result of these restructurings, the U.S. government and the labor unions became large shareholders of both General Motors and Chrysler, and Fiat SpA stepped in as a large shareholder of Chrysler.
And that's why the federal government provided General Motors and Chrysler with emergency loans to prevent their sudden collapse at the end of last year -- only on the condition that they would develop plans to restructure.
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Domestic auto sales were also in focus as the week wound down, with February figures from Ford Motor and Chrysler coming in at five-year highs and General Motors topping estimates with a 7% sales increase.
The aluminum producer raised its 2012 North American forecast by 1%, interesting at a time when President Barack Obama and Republican Mitt Romney have been debating the merits of the bailout of General Motors and Chrysler on the campaign trail.
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The ads, which aired on radio and television, criticised Mr Obama for bailing-out American auto companies General Motors and Chrysler, and said those companies were planning to move production to China, leading viewers and listeners to the conclude that US jobs were threatened.
General Motors and Chrysler both grew their January U.S. sales by 23%, while Ford Motors expanded their sales by 13% in January.
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But there was a crisis situation, and a decision had to be made as to whether or not we would allow General Motors and Chrysler, two of the Big 3, to essentially liquidate and cost up to a million jobs in the United States.
It is, therefore, far easier for carmakers that make mainly smaller vehicles, such as Honda Motor, Toyota Motor and Hyundai, to meet the regulation than carmakers such as General Motors and the Chrysler unit of DaimlerChrysler, which sell hundreds of thousands of big ol' pickups and SUVs every year that can tow small houses.
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