Obama admin says still seeks Chrysler-Fiat deal
The Obama administration remains focused on bringing Chrysler and Fiat into a working partnership, a U.S. official said on Thursday, dismissing a news report that the U.S. car-maker faced imminent bankruptcy.
In a negotiation like this, everything is speculation until there's a deal. It should surprise no one that the administration is planning on contingencies, but we remain focused on the goal and engaged with all stakeholders to bring Chrysler and Fiat to a working partnership, the administration official said.
(Reporting by Ross Colvin)
© Copyright Thomson Reuters 2023. All rights reserved.
Join the Discussion