An estimated $1.3billion in taxpayer money will not be recovered following the 2009 U.S. government bailout of Chrysler Group LLC, the Treasury Department said today. Italy's Fiat SpA (FIA.MI ...

WASHINGTON (AP) - The U.S. government no longer owns a piece of Chrysler. Italian automaker Fiat SpA paid $560 million for the government's remaining 98,000 shares of Chrysler Group LLC ...

DETROIT – Chrysler Group will soon sever its ties with the U.S. government. Italian automaker Fiat agreed Thursday to buy the U.S. Treasury's 6 percent interest in Chrysler for $500 million.