The New York Times
Thursday, April 30, 2009 -- 12:09 PM ET
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Chrysler Bankruptcy Plan Is Announced
Chrysler, the third-largest American auto company, will seek
bankruptcy protection and enter an alliance with the Italian
automaker Fiat, the White House announced Thursday. The
bankruptcy case, which officials envisioned as a swift,
"surgical" process, was set to be filed in United States
Bankruptcy Court in New York.
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