US government ends Chrysler investment

http://www.msnbc.msn.com/id/43843822/ns/business-autos
"WASHINGTON — The 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.

Fiat paid $560 million to the Treasury Department for the government's 98,000 shares. Fiat has run the company since it emerged from bankruptcy protection in June 2009. "
Author: Stoga