News release: “Chrysler LLC today announced that, as a result of the comprehensive restructuring plan agreed to by many of its stakeholders, it has reached an agreement in principle to establish a global strategic alliance with Fiat SpA to form a vibrant new company. It will allow Chrysler and Fiat to fully optimize their respective manufacturing footprints and the global supplier base, while providing each with access to additional markets. Fiat powertrains and components will also be produced at Chrysler manufacturing sites.”

• See the Chrysler Restructuring website for Information for Parties of Interest, fact sheets, updates, etc.
  Letter from the Chairman

• Chapter 11 Fact Sheet
• Via FindLaw – Chrysler’s Chapter 11 Bankruptcy Petition – In Re: Chrysler, LLC, April 30, 2009: “Chrysler, one of Detroit’s ‘Big 3’ automakers, filed for Chapter 11 bankruptcy relief in New York City. The global car company lists billions in debt and liabilities, and has an extensive list of creditors to whom it owes money.”
• Obama Administration Auto Restructuring Initiative
  Chrysler-Fiat Alliance

• Related postings on financial system