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Chrysler's Federal Energy Loan Application is in Good Status

Chrysler displayed clear foresight into the future of the auto industry when they applied for the U.S. Department of Energy for a loan to invest in the development of fuel-efficient vehicle technology. While this seemed like a great idea at the time, unfortunately, Chrysler's application had to be deferred for 24 months due to their bankruptcy and failing financial status. Now, Chrysler is back and ready to try, once again, for the loan…

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