Chrysler given $4B loan

Troubled Chrysler LLC late Friday received an initial $4 billion loan from the U.S. Treasury Department, part of the $17.4 billion it and General Motors Corp. had sought to help the companies stay afloat.

Chief Executive Robert Nardelli said the loan will allow the automaker to continue its restructuring and pursue "our vision to build the fuel-efficient, high-quality cars and trucks people want to buy, will enjoy driving and will want to buy again."