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White House wants Chrysler-Fiat alliance

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Michael BärApril 30, 2009

The US automaker Chrysler is expected to file for bankruptcy protection today. But it could be a quick bankruptcy. The White House is pushing for Chrysler and the Italian carmaker Fiat to agree to an alliance that would give Fiat a 20 percent stake in the company. That would allow Chrylser to reorganize and stay in business.

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