Massachusetts: Italian

June 1, 2009 - 12:03 pm
NEWS FEED: Boston Globe

Obama says Chrysler deal offers hope to GM

President Obama, as the federal government deepens its involvement and ups its ante in GM, is taking solace in a step forward for Chrysler -- a bankruptcy judge's approval of its sale to Italian automaker Fiat. The decision "paves the...

April 30, 2009 - 12:55 pm
NEWS FEED: Boston Globe

Obama says Chrysler has 'new lease on life'

President Obama announced today that Chrysler will partner with Italian company Fiat and go through a quick bankruptcy, moves he said will give the storied US automaker a "new lease on life." The partnership, he said, will save 30,000 jobs...