
The U.S. government has described Chrysler's action as a "prepackaged surgical bankruptcy," through which it hopes the company will be able to exit the bankruptcy process within 30 to 60 days.
If Chrysler achieves this, it will emerge with a new global partnership with the Italy-based Fiat . Instead of cash, Fiat will provide the equivalent of billions of dollars in research- and investment-related (R&D) investments for a 35% stake in the new Chrysler.
If Chrysler achieves this, it will emerge with a new global partnership with the Italy-based Fiat . Instead of cash, Fiat will provide the equivalent of billions of dollars in research- and investment-related (R&D) investments for a 35% stake in the new Chrysler.
However, many experts think a quick trip into (and out of) bankruptcy might be unrealistic.

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