Chrysler LLC has published an ad thanking Americans for the $17.4 billion in low-interest loans provided to General Motors and Chrysler. More specifically, Chrysler should be thanking the Bush Administration since we don’t recall ever being given a chance to vote on the loans, but we digress. The ad is set to run in newspapers effective immediately.
We’d expect a similar ad to come from General Motors fairly soon, though both automakers have said they are cutting back on media spending in order to trim spending. Chrysler received $4 billion in the loans granted last week.
