Chrysler bailout

GPTKB entity

Statements (60)
Predicate Object
gptkbp:instance_of gptkb:prison
gptkbp:bfsLayer 6
gptkbp:bfsParent gptkb:Michele_Iacocca
gptkbp:affects increased competition
gptkbp:appointed_by gptkb:U._S._Department_of_the_Treasury
gptkbp:brand new models introduced
gptkbp:career_end over 30,000 jobs
gptkbp:conflict facing competition from foreign automakers
gptkbp:controversy public funds used for private company
gptkbp:diplomatic_relations stimulus measures
gptkbp:economic_impact stimulated economic recovery
set precedent for future bailouts
gptkbp:economy automotive manufacturing
improved after bailout
gptkbp:financial_performance ongoing process
improved in subsequent years
achieved post-bailout
gptkbp:financial_products Chapter 11
gptkbp:followed_by Chrysler's IPO in 2011
gptkbp:future_plans cautiously optimistic
gptkbp:government_type gptkb:United_States
60% ownership
gptkbp:historical_period 2008-2011
https://www.w3.org/2000/01/rdf-schema#label Chrysler bailout
gptkbp:impact saved thousands of jobs
gptkbp:investment restored
gptkbp:is_involved_in gptkb:Fiat_S.p._A.
gptkbp:is_respected_by gradually regained
gptkbp:key_figures gptkb:Robert_Nardelli
gptkb:President_Barack_Obama
gptkb:Sergio_Marchionne
gptkbp:legacy debate on bailouts
gptkbp:legislation gptkb:Emergency_Economic_Stabilization_Act
gptkbp:local_government conditional on restructuring
gptkbp:market improved after bailout
increased post-restructuring
gptkbp:outcome gptkb:Chrysler_Group_LLC
gptkbp:part_of gptkb:Troubled_Asset_Relief_Program
gptkbp:partnerships with Fiat
with suppliers and dealers
gptkbp:political_position active intervention
gptkbp:public_perception government intervention
mixed opinions
gptkbp:purpose to prevent bankruptcy
gptkbp:receives_funding_from $6 billion
controversial use
gptkbp:reform debt reduction
contributed to overall recovery.
gptkbp:related_to automotive industry crisis
gptkbp:result restructuring of Chrysler
gptkbp:scholarships loans and guarantees
TARP funds
gptkbp:sponsor gptkb:UAW_(United_Auto_Workers)
gptkbp:state $1.5 billion from Michigan
gptkbp:strategic_importance sustainability and growth
gptkbp:successor gptkb:Stellantis_N._V.
gptkbp:values $12.5 billion
gptkbp:year gptkb:2009
May 2011
gptkbp:year_created December 2008