Chrysler LLC’s proposed partnership with Fiat Auto Group is contingent on the same restructuring initiatives required under the U.S. Treasury Dept.’s loan agreement with the U.S. auto maker. The conditions of the Fiat deal are “a mirror image of what the U.S. government asked us to achieve in our viability plan,” Chrysler Chairman and CEO Robert Nardelli writes in an email update sent today to Chrysler employees and obtained by Ward’s. “Therefore, it is critical we meet all of our ...
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