BMW Hit Up The US For $3.62 Billion During The Credit Crunch

Based on this Bloomberg article BMW made “intermittent” use of the Federal Reserve’s Commercial Paper Funding Facility in 2008 and 2009 to the tune of $3.62 Billion for refinancing at a time when other forms of credit were frozen. $750 million of the funds were used to exapnd BMW's South Carolina assembly plant that produced BMW's X3 SUV.

According to LeftLane:

BMW reported its lowest profit in a decade last year – around $270 million – but it recorded around $2 billion in free cash flow thanks to its ability to access low interest loans from the U.S. government.