Chrysler has brief bankruptcy court hearing as documents disclose plans to close 5 more plantsNEW YORK — Attorneys for Chrysler LLC said the company will file a motion by Saturday morning to sell substantially all of its assets to Italian automaker Fiat Group SpA, but that won’t include eight plants, including five that the automaker revealed it will shutter by the end of next year. Chrysler has brief hearing in bankruptcy court as lawyers note urgency of a speedy resolutionNEW YORK — Attorneys for Chrysler LLC will ask a federal bankruptcy judge Monday to let the ailing automaker start using a new infusion of $4.5 billion in loans from the Treasury Departmentto keep operating under bankruptcy protection. Chrysler is due in court today to start Chapter 11 bankruptcy proceedingsNEW YORK — Attorneys packed a downtown Manhattan courtroom Friday morning for Chrysler’s first hearing that may signal whether a quick, “surgical” bankruptcy will be possible for the automaker. Chrysler succumbs to bankruptcy, pins hopes on alliance with Fiat after months of struggleDETROIT — After months of living on government loans, Chrysler finally succumbed to bankruptcy Thursday, pinning its future on a top-to-bottom reorganization and plans to build cleaner cars through an alliance with Italian automaker Fiat. After months of struggle, Chrysler succumbs to bankruptcy, pins hopes on alliance with FiatDETROIT — After months of living on government loans, Chrysler finally succumbed to bankruptcy Thursday, pinning its future on a top-to-bottom reorganization and plans to build cleaner cars through an alliance with Italian automaker Fiat. Chrysler files for Chapter 11 bankruptcy after talks with creditors crumble overnightWASHINGTON — Chrysler filed for bankruptcy protection Thursday and announced it will temporarily halt most of its vehicle production while it completes a deal with Italian carmaker Fiat designed to revive its tattered fortunes. The Obama administration said it had long hoped to stave off bankruptcy for the nation’s third-largest automaker, but it became clear that a holdout group of creditors wouldn’t budge on proposals to reduce Chrysler’s $6.9 billion in secured debt. Chrysler to file for Chapter 11 bankruptcy as talks with creditors crumble overnightWASHINGTON — Chrysler will file for bankruptcy after talks with a small group of creditors crumbled just a day before a government deadline for the automaker to come up with a restructuring plan, President Barack Obama said Thursday. Chrysler to file for Chapter 11, receive up to $8 billion more in gov’t aid during bankruptcyWASHINGTON — Chrysler will file for Chapter 11 bankruptcy protection in New York on Thursday and will be eligible for up to $8 billion in federal aid to rebuild the ailing automaker, according to senior administration officials. AP sources: Chrysler to file for bankruptcy protection as credit talks crumble overnightWASHINGTON — Chrysler will file for bankruptcy after talks with a small group of creditors crumbled just a day before a government deadline for the automaker to come up with a restructuring plan, two administration officials said Thursday. Officials tell AP Chrysler will file for bankruptcy as talk failWASHINGTON — Officials tell the AP that Chrysler will file for bankruptcy as talks with creditors fail. Officials tell AP Chrysler will file for Chapter 11 bankruptcy protectionWASHINGTON — Officials tell the AP that Chrysler will file for bankrutpcy protection as talks with creditors fail. Chrysler’s bid to stave off bankruptcy filing uncertain as debtholder talks break offDETROIT — Chrysler will survive. At least for now, even if it’s forced into bankruptcy court. Deal with Chrysler’s big creditors overcomes another hurdle, making liquidation less likelyWASHINGTON — With just two days left before a government-imposed restructuring deadline, Chrysler LLC took a step away from the brink of bankruptcy Tuesday when its biggest lenders reached a deal with the Treasury Department to slash the teetering automaker’s debt. AP sources: Treasury reaches deal with main Chrysler lenders in effort to stave off bankruptcyWASHINGTON — The Treasury Department has reached a tentative agreement with four of Chrysler’s major debt holders in a bid to keep the automaker out of bankruptcy protection, two people familiar with the talks said Tuesday. Treasury reaches tentative deal with Chrysler debtholders in bid to stave off bankruptcyWASHINGTON — A person familiar with the talks says the Treasury Department has reached a tentative agreement with four of Chrysler’s major debtholders as the automaker races to stave off bankruptcy. AP source: Chrysler’s lenders make new offer to Treasury as negotiations over debt continueNEW YORK — A person familiar with the matter says Chrysler’s lenders have delivered another counteroffer to the Treasury Department as the two sides continue to haggle over Chrysler’s debt. AP sources: Chrysler, Treasury still working to keep automaker out of bankruptcy courtDETROIT — With a government-imposed deadline for massive restructuring less than a week away, Chrysler LLC and Treasury Department officials are still holding out hope that they can reach deals to keep the troubled automaker out of bankruptcy court, two people briefed on the talks said Friday. Members of Congress say Chrysler bankruptcy, if it happens, should prevent liquidationNEW YORK — With Chrysler LLC appearing increasingly likely to seek bankruptcy protection, members of Congress are calling for an orderly process that saves the company from liquidation. |
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