Obama: Chrysler-Fiat deal gives US company ‘new lease on life’

WASHINGTON — President Barack Obama says a court’s decision to approve the sale of Chrysler’s assets has given the automaker “a new lease on life.”

Obama says not clear Chrysler will make Thursday deadline to meet restructuring requirements

ARNOLD, Mo. — President Barack Obama says it isn’t clear whether Chrysler LLC will be able to meet the government’s Thursday restructuring deadline.

Summers: White House supports Chrysler-Fiat talks; hopes automaker can avoid bankruptcy

WASHINGTON — White House economic adviser Larry Summers said Sunday the Obama administration is holding out hope that Chrysler can stay out of bankruptcy court.