The Treasury department said on Tuesday that automaker Chrysler Group LLC has repaid $5.1 billion in bailout loans and ended its ability to draw a remaining $2.1 billion.

The government committed a total $12.5 billion to Chrysler under the Troubled Asset Relief Program, or TARP, and the company has now returned more than $10.6 billion of that in principal, interest and canceled commitments.

Treasury is unlikely to fully recover its remaining outstanding investment of $1.9 billion in Chrysler, the department said in a news release.

(Reporting by Glenn Somerville, Editing by Chizu Nomiyama)

Chrysler