The moves come less than an hour after Obama tells the two carmakers to take another stab at redesigning their companies, a requisite for receiving more federal funds. Less than an hour after President Obama said a major overhaul was needed to save the auto industry, Chrysler announced that it had formed the framework of an alliance with Fiat, while at General Motors Corp., new leaders took charge after the chairman was forced to step down
Stories Related to Chrysler Says It Has Framework For Fiat Alliance; Gm's New Leaders Take Charge
Los Angeles Times - Top News, Los Angeles Times
Mon, 03/30/2009 - 10:44am
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