WASHINGTON, April 28 (Reuters) - The Obama administration said on Tuesday it was not ruling out bankruptcy for Chrysler LLC, despite the U.S. Treasury reaching a tentative deal with banks representing most of the automaker's main lenders. "The developments of the past several days have been important steps to ensure we get a workable deal between Chrysler and Fiat," White House spokesman Robert Gibbs told reporters. "We're pleased at the steps. We don't want to prejudge the outcome. ...
Premium Content (PAID Subscription Required)
"Chrysler bankruptcy not ruled out - White House" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.