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Swift Overhaul Moves Ahead as Fiat Acquires Chrysler Assets

Jun. 10, 2009
Chrysler completed its deal with Fiat on Wednesday, largely ending its quick trip through bankruptcy after the Supreme Court lifted a stay on the deal Tuesday.
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Chrysler sold to Fiat

Chrysler sold to Fiat

AUBURN HILLS, Mich., June 10 (UPI) -- U.S. automaker Chrysler LLC sold its best assets to Fiat Wednesday after the U.S. government sent the company $6.6 billion to help it exit bankruptcy.
Ginsburg briefly holds up Chrysler deal

Ginsburg briefly holds up Chrysler deal

WASHINGTON, June 8 (UPI) -- Justice Ruth Bader Ginsburg Monday temporarily blocked the sale of Chrysler LLC to Fiat to give the rest of the U.S. Supreme Court time to hear a stay request.

Supreme Court asked to delay Chrysler deal

WASHINGTON, June 7 (UPI) -- Three Indiana public employee funds Sunday asked the U.S. Supreme Court to delay Chrysler's sale to Fiat.
Appeals panel OKs Chrysler sale to Fiat

Appeals panel OKs Chrysler sale to Fiat

NEW YORK, June 6 (UPI) -- The sale of bankrupt U.S. automaker Chrysler to Fiat can go ahead pending a Supreme Court hearing, an appeals court panel says.
Chrysler, Fiat argue for sale

Chrysler, Fiat argue for sale

NEW YORK, June 5 (UPI) -- Chrysler LLC said the government-backed sale of the company to Fiat of Italy was a choice far superior to a liquidation sale, court papers show.

Fiat won't assume Chrysler debt in deal

DETROIT, March 21 (UPI) -- Italian automaker Fiat will not assume any government debt incurred by U.S. carmaker Chrysler LLC, the companies say.

Fiat says U.S. loans will stay in U.S.

GENEVA, Switzerland, March 3 (UPI) -- Fiat Chief Executive Officer Sergio Marchionne says U.S. government loans made to Chrysler LLC would stay with Chrysler.

Chrysler, Fiat deal relies on government

NEW ORLEANS, Jan. 23 (UPI) -- A Chrysler LLC executive said the company's proposed partnership with Italian car maker Fiat S.p.A. hinges on the government's reaction to its business plan.
Chrysler and Fiat form joint venture

Chrysler and Fiat form joint venture

AUBURN HILLS, Mich., Jan. 20 (UPI) -- Italian automaker Fiat SpA and Chrysler LLC agreed Tuesday to form a partnership that would give Fiat a 35 percent stake in the third largest U.S. auto company.

Chrysler, Fiat may announce joint venture

AUBURN HILLS, Mich., Jan. 19 (UPI) -- U.S. automaker Chrysler LLC may be building Italian cars in the future, sources close to company discussions said.
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler