NEW YORK – Chrysler headed back to bankruptcy court Tuesday to get a judge to approve the termination of 789 dealer franchises, while Chrysler’s plan to become a stronger automaker partnered with Italy’s Fiat awaits action by the nation&
NEW YORK – Chrysler headed back to bankruptcy court Tuesday to get a judge to approve the termination of 789 dealer franchises, while Chrysler’s plan to become a stronger automaker partnered with Italy’s Fiat awaits action by the nation’s highest court.
The sale of Chrysler’s assets to Fiat Group SpA had been expected to close more than a week ago, but Supreme Court Justice Ruth Bader Ginsburg’s decision to delay the sale now threatens to derail Chrysler’s restructuring plans.
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