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Chrysler heads for Chapter 11 bankruptcy

Logos for Chrysler and General Motors are seen at the North American International Auto Show at the Cobo Center in a January 11, 2009 file photo in Detroit, Michigan. The Obama administration announced on April 30, 2009 that Chrysler would go through Chapter 11 bankruptcy, the first ever for a U.S. car dealer. Chrysler also signed a deal with Italian car maker Fiat. (UPI Photo/Brian Kersey/File)

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