Chrysler Receivables SPV, LLC
Date:
July 8, 2009
Maximum Amount:
$1.50 billion
Deficit Impact:
-$0.04 billion Chrysler has volunteered to take part in the Auto Supplier Support Program, which ensures that any auto parts supplier doing business with the company will be paid for their parts, even if the car company ceases business operations.
Source:
Notes:
Amount spent taken from Transaction Reports, current as of 1/19/2011. Maximum amount is maximum financing as stated by Treasury. Amount spent equals loan amount, which will be incrementally funded. Deficit impact is derived from CBO's subsidy rate for all assistance given to the automotive industry (60%), as listed in the CBO's January 2010 baseline.