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GM and Chrysler to Receive $13.4 Billion from Washington

December 19, 2008 – 6:52 am After a gruelling several weeks, the U.S. government announced Friday it will extend short-term funding to General Motors and Chrysler , allotting $13.4 billion in immediate funding to the two automakers and an additional $4.0 billion contingent on the...(read more)