It’s been a slow recovery, but on Thursday, Chrysler announced that they expect to pay back the $7.5 billion in Government loans by the end of next month. Although the details are still being negotiated, Chrysler hopes to sell new bonds to investors and use that money to help pay back the loans. This will allow Chrysler to strengthen its alliance with Fiat and revamp its operations to gain market shares.

According to Rebecca Lindland, an analyst with the research firm IHS Global Insight, “Tuning up their balance sheet and reducing debt will help Chrysler direct more money towards product development.” First on the list is to add more fuel efficient cars to its truck heavy lineup. The integration of Fiat and Chrysler will speed up the arrival of new Fiat based models to be sold to the American market. Without the psychological and financial drag of the loans Chrysler can start to slowly rebuild its company.