Auto Industry Bailout, Tarp Repayment | featured news

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Tarp Repayment Topics

Taxpayer loss on auto bailout narrows

The government expects to recover more money than anticipated from the auto bailout as it pulls back financially from the sector, but taxpayers still face billions in potential losses, the White House said.

Chrysler repays bailout money to Treasury department

The Treasury department said on Tuesday that automaker Chrysler Group LLC has repaid $5.1 billion in bailout loans and ended its ability to draw a remaining $2.1 billion.

GM to repay bailout loans

Automaker will repay $6.7B in taxpayer-funded loans by end of June, new chief executive says.

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