In its restructuring plan submitted to the Treasury late Tuesday, Chrysler LLC said that it believes that the “best option for the U.S. auto industry” would be a GM/Chrysler merger. Chrysler, which is also pursuing an alliance with Fiat SpA, said that consolidation among U.S. automakers and their brands is a strong way to sustain the auto industry.
Chrysler’s restructuring plan called for an additional $2 billion loan on top of its $7 billion loan request. General Motors, which asked the U.S. Treasury for an additional $16.6 billion, did not express any hint of...
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