US auto rescue would include govt equity- Chrysler

Thu Nov 13, 2008 12:49pm EST
 
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PALM DESERT, Calif., Nov 13 (Reuters) - Chrysler Chief Executive Bob Nardelli said on Thursday that he expects any U.S. government bailout of the U.S. automakers to include a government equity stake in the companies.

Nardelli also said a portion of the $25 billion of low-interest loans already approved for automakers to make capital expenditures toward improving fuel economy should be allowed to fund a shared development center. (Reporting by Kevin Krolicki)

 
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