Thursday, April 30, 2009

Chrysler, Fiat to sign alliance deal


CHICAGO, April 29 (Xinhua) -- Italy's Fiat SpA will sign an agreement
Thursday to form an alliance with the U.S. automaker Chrysler LLC, sources
familiar with the negotiations said Wednesday.

The U.S. government had set an April 30 deadline for Chrysler to strike
a deal with Fiat after concluding that the struggling automaker would not
be viable on its own.

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