President Obama’s much-maligned deadline of 30 to 60 days to conclude Chrysler LLC’s bankruptcy is looking more plausible, a legal expert says. The assessment comes as key creditors today withdraw their opposition to Chrysler’s proposed restructuring, a plan that hinges on final approval of a planned alliance with Fiat Auto Group. The creditors, lone holdouts following agreements with other stakeholders, sparked Chrysler’s Chapter 11 filing last week when they rejected an offer to reduce ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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.