Fiat Acquires Majority Stake in Chrysler

President Obama of the US visited Chrysler’s factory in Toledo (Ohio) where he told the workers that his decision to bailout Chrysler, General Motors, and their suppiers had paid off. Several million jobs might have been lost if Chrysler and General Motors had to shut down.

Mr.Obama further said: “Today, all three American automakers are gaining market share. That hasn’t happened since 1995.” He told the workers: “And today, I’m proud to announce the government has been completely repaid for the investments we made under my watch by Chrysler because of the outstanding work that you guys did.”

Chrysler has repaid, six years ahead of schedule, the loans given to it after Obama’s assumption of office in January 2009.

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About Sprightly Spirit

“I dare do all that may become a man. Who dares more is none”. And all, may be. It may be the vigor. Or the spirit. Or the courage to avoid being “politically correct” or bent. And, ban all averse with immaculate overture of graciously fathomable words firm in views. Subtle. Justifying the undying conscience. Values. Knowledge. And, dares to stay true. True to own. True to the world. And, to the words. With a dream in eyes it exists. In you. In me. In all. The sprite that never shies away. The spirit that never dies!