Chrysler moves closer to FiatDavid Welch
Chrysler moved closer toward selling the company—or at least, the brands and plants that potential buyer Fiat Auto wants to keep—in bankruptcy court yesterday. What happened doesn’t seal the deal, but bankruptcy judge Arthur Gonzalez said Chrysler can start preparing a sale in which the company will be divided in two, with the good assets going to Fiat and the bad ones being liquidated.
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