By January 2009, the government had used $24.9 billion of the $700 billion bailout fund for the Big 3 auto companies: $17.4 billion for General Motors and Chrysler.

* $6 billion for GMAC.
* $1.5 billion for Chrysler Financial.

The purpose of the loans was to provide operating cash for GM and Chrysler, and to keep making auto loans available for car buyers. Ford Credit plans to use funds from the Term Asset-Backed Securities Loan Facility (TALF), which is a government program for auto, student and other consumer loans.

Source:http://useconomy.about.com/od/criticalssues/a/auto_bailout.htm