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Barack Obama’s auto task force is highly disappointed in GM and Chrysler and has given both automakers failing grades for their turnaround efforts. We’ll get more official details later today, but White House officials have said that President Barack Obama is willing to provide an additional $6 billion to Chrysler, only if it can wrap up its proposed alliance with Fiat S.p.A in 30 days.

If Chrysler fails to close a deal with Fiat and give it a 35 percent stake by...

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Chrysler has 30 days to partner with Fiat, will get $6 billion

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