Chrysler to File for Bankruptcy; Will Get "New Lease on Life," President Says

Posted by on April 30, 2009 under Auto News | Be the First to Comment

President Barack Obama announced today that after further consultation with his Automotive Task Force and review of Chrysler’s latest plan-submitted within the 30-day deadline provided at the end of March-it appears the company will be filing for bankruptcy.

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Chrysler to File for Bankruptcy; Will Get "New Lease on Life," President Says