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US government ends Chrysler investment
Posted on July 22, 2011 | No CommentsThe Treasury Department said Thursday it has exited its investment in Chrysler LLC after Italian automaker Fiat SpA purchased the U.S. government’s remaining holdings in the auto company. msnbc.com: Autos -
AP Source: GM to announce Flint factory investment
Posted on July 16, 2011 | No CommentsGeneral Motors Co. will invest millions in its Flint, Mich., assembly plant so it can make the next generation of pickup trucks there, a person briefed on the matter said Friday. msnbc.com: Autos -
Pink Floyd’s Nick Mason headlining classic car investment group?
Posted on January 30, 2011 | No CommentsFiled under: Classics, Earnings/Financials, Celebrities Nick Mason drives the 1937 Auto Union Type D at Goodwood Classic rock fans recognize Nick Mason as the drummer from Pink Floyd, but classic car enthusiasts know him just as well for his automobile collection and regular column in Octane magazine. Now the musician/car... -
GM to repay $2.1B of government’s investment
Posted on October 29, 2010 | No CommentsGM will pay back .1 billion of the funds that taxpayers invested in the company. That brings the total it has repaid to .5 billion out of the nearly billion the government loaned to and invested in the company. msnbc.com: Autos