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Fiat Takes Control Of Chrysler

“The deal clears the way for a new, leaner Chrysler Group LLC to emerge from bankruptcy protection minus billions in debt, 789 underperforming dealerships and burdensome labor costs that nearly sank the storied automaker.” Link

Fiat
Fiat picture


Supreme Court Delays Chrysler Sale

Supreme Court Delays Chrysler Sale

The Supreme Court has granted a requested delay in the sale of Chrysler to Fiat…


Bankruptcy For Chrysler Coming

chrysler

“The Treasury Department is preparing a Chapter 11 bankruptcy filing for struggling U.S. automaker Chrysler that could come as soon as next week, according to a New York Times report.” Link


$4 Billion Loan Given To Chrysler From Gov't On Friday

“Chrysler LLC on Friday received an initial $4 billion emergency loan from the U.S. government, two days after the government completed a parallel payout to its larger rival General Motors Corp.” [Link]


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