CHRYSLER

On the Memorial Day evening, did you encounter the beautiful Manhattanhenge? If not, here is your second, and better chance.

On the Memorial Day evening, did you encounter the beautiful Manhattanhenge? If not, here is your second, and better chance.

The longer Italian carmaker Fiat SpA waits to add to its stake in Chrysler Group LLC, the more expensive the purchase will be, the chief executive of both companies said on Wednesday.

Chrysler Group LLC on Tuesday paid back $7.6 billion in U.S. and Canadian government loans from its 2009 federal bailout, a move that allows the U.S. automaker to distance itself from an unpopular bailout and deepen its ties with Italian automaker Fiat SpA.

President Back Obama said on Tuesday Chrysler auto company paying back a final $5.1 billion in bailout funds given by the U.S. government was a significant milestone and a sign that the U.S. auto industry is recovering.

Chrysler Group LLC is set to pay off its government loans on Tuesday, saving it more than $300 million a year in interest payments and allowing Fiat to raise its stake in the U.S. automaker to 46 percent, its CEO said.

Chrysler Group LLC detailed terms of a bond offering and term loan on Thursday that will be used to repay high-cost government loans and put the U.S. automaker on firmer financial ground.

Chrysler Group LLC detailed terms of a bond offering and term loan on Thursday that will be used to repay high-cost government loans and put the U.S. automaker on firmer financial ground.

U.S. automaker Chrysler Group LLC borrowed $6.2 billion to refinance high-cost government loans stemming from its 2009 bankruptcy restructuring, people familiar with the matter said on Thursday.

Chrysler Group LLC plans to repay about $7.5 billion in U.S. and Canadian government loans on May 24 to strengthen the automaker's financial position, a person familiar with the matter said on Wednesday.

NEW YORK, May 16 - Lingering doubts over Chrysler Group LLC's financial outlook along with the wider availability of bank debt could make it more costly for the U.S. automaker to refinance more than $7 billion government debt from its 2009 bailout.

NEW YORK, May 16 - Chrysler Group LLC is widely expected to downsize and raise pricing on its $3.5 billion institutional loan ahead of its commitment deadline on May 18, sources said on Monday.

Chrysler Group LLC, seeking to raise $6 billion in new debt to repay government loans, is expected to restructure its proposed refinancing package this week after investors showed hesitation over the loan portion of the transaction, people familiar with the matter said.

Italian automaker Fiat SpA can boost its stake in Chrysler Group LLC to more than 70 percent using an array of options, including buying the U.S. Treasury's stake.

U.S. carmaker Chrysler is planning to close a deal to refinance $7.5 billion of government debt by May 24, according to details of Chrysler's offering memorandum to the banks published on Thursday by newspaper Il Sole 24 Ore.

U.S. auto sales are expected to show a 16 percent increase for April, as the sales crunch dealt by the Japanese earthquake and tsunami is not expected to show up in new auto purchases until May, automakers and analysts said.

Chrysler Group LLC reported its first quarterly net profit since emerging from bankruptcy nearly two years ago, helped by a revamped lineup of cars and trucks as well as higher vehicle prices.

Chrysler Group LLC, which came to the brink of collapse before a federal bailout in 2009, plans to fully repay more than $7 billion in loans from the U.S. and Canadian governments by the end of June.

Chrysler Group LLC, which came to the brink of collapse before a federal bailout in 2009, plans to fully repay more than $7 billion in loans from the U.S. and Canadian governments by the end of June.

Fiat SpA will pay $1.27 billion euros for an additional 16 percent stake in automaker Chrysler this quarter, raising its stake to 46 percent in a deal that was faster and cheaper than expected.

Italian automaker Fiat SpA has agreed to pay $1.27 billion for another 16 percent stake in peer Chrysler this quarter, the Italian automaker said on Thursday, in a deal that was faster and cheaper than expected.