UPDATE 1-Citigroup may manage US govt aid to auto suppliers

Newswire

* Citigroup expected to administer govt aid to suppliers * $5 bln aid program to take 3-4 weeks to begin DETROIT, March 26 (Reuters) - Citigroup is expected to work with General Motors Corp and Chrysler to decide how to distribute the U.S. Treasury's $5 billion aid program to auto parts suppliers, the industry's top lobbyist said. The Obama administration pledged up to $5 billion last week to assist auto suppliers, whose health is crucial to the survival of stricken U.S. car ...

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