Monday, March 30, 2009

Obama links Chrysler aid to Fiat (Updated)

BREAKING NEWS:For Chrysler, America’s third biggest car manufacturer, the clock is ticking. The Obama administration has told the deeply troubled automaker it has 30 days of financial aid in which to complete its proposed deal for an alliance with Italy’s Fiat. And Chrysler has responded that it has reached an agreement on a framework of a global alliance with Fiat.Chrysler’s troubles worsened

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