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US: Chrysler withdraws DoE loan application

Chrysler Group LLC has announced that it is withdrawing its application for an Advanced Technology Vehicles Manufacturing loan from the Department of Energy. The government project supports manufacturers in upgrading facilities to build more environmentally friendly vehicles. Chrysler first applied for US$8.55bn in funding in 2008. According to the Detroit News, Subscribe to Automotive World … Continued

Chrysler Group LLC has announced that it is withdrawing its application for an Advanced Technology Vehicles Manufacturing loan from the Department of Energy. The government project supports manufacturers in upgrading facilities to build more environmentally friendly vehicles.

Chrysler first applied for US$8.55bn in funding in 2008. According to the Detroit News,

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https://www.automotiveworld.com/articles/92087-us-chrysler-withdraws-doe-loan-application/

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