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With less than a week away from the date of government’s direct fund help, Chrysler LLC and Treasury Department officials are still holding out hope that they can reach deals to keep the troubled automaker out of bankruptcy courts, two people briefed on the talks said Friday.
The wounded automaker already is living on $4 billion in government loans and could get another $500 million in temporary financing. Chrysler must take on Fiat Group SpA as a partner, cut debt and reduce labor costs by Read the rest of this entry »
















