CHRYSLER

Chrysler LLC, which filed for bankruptcy protection yesterday, pursued an alliance with Nissan Motor Co. in July of last year before reaching out eventual partner Fiat SpA, according to a report.

Chrysler LLC’s secured lenders include the Bill and Melinda Gates Foundation, Halliburton Co., Yale University, and the University of Kentucky, according to a report.

Chrysler LLC said Friday that its April sales took a heavy knock of 48 percent, the steepest drop in the industry, as the company plunged into bankruptcy.

U.S. auto sales fell 34.4 percent in April as the industry held near the lowest levels in nearly 30 years and closed out the month with Chrysler LLC filing for bankruptcy protection.

Ford Motor Co on Friday posted a 31.6 percent decline in U.S. sales for April as the economic downturn continued to pressure the industry.

Ford Motor Co on Friday posted a 31.6 percent decline in U.S. sales for April as the economic downturn continued to pressure the industry.

Bankrupt automaker Chrysler LLC idled its manufacturing plants on Friday and said its survival depends on quick court approval of its restructuring plan and the subsequent restarting of its operations.

Bankrupt automaker Chrysler LLC idled its manufacturing plants on Friday and said its survival depends on quick court approval of its restructuring plan and the subsequent restarting of its operations.

Once an icon of American automotive might, Chrysler has reached a new low in its rocky eight-decade history by filing for bankruptcy and cutting its business to a shadow of its former size.

Chrysler LLC heads to U.S. bankruptcy court Friday morning to obtain permission to continue paying employees and meeting customer and dealer obligations against a backdrop of mounting opposition from certain of its lenders.

Oil prices rose on Friday, bouncing from losses earlier in the day, on support from equity markets and as traders sifted through evidence for hints of economic recovery.

Chrysler LLC filed for bankruptcy on Thursday and announced an industry-changing deal with Fiat, after being pummeled by sliding auto sales and unable to reach agreement on restructuring its debt.

Italian automaker Fiat SpA's next project is a deal with Germany's Opel after a landmark alliance with U.S. car maker Chrysler, Fiat's chief executive said in an interview published on Friday.

Global markets were flat on Friday in subdued holiday weekend trading after growing hopes of a global economic recovery propelled shares over 11 percent in the previous month.

Removes reference to Bund futures in last paragraph as market closed for public holiday

U.S. automaker Chrysler has filed for bankruptcy and entered an industry-changing deal with Italy's Fiat , in the latest big government intervention in the economy to try to deal with the global crisis.

The Dow and S&P 500 fell on Thursday after Chrysler's bankruptcy filing undercut optimism about upbeat corporate profits and reassuring job market data.

Mexico began shutting down parts of its economy on Thursday to slow the spread of a new flu strain as officials urged increased worldwide precautions against an imminent pandemic.

Chrysler LLC will file for bankruptcy on Thursday after talks to restructure its debt with lenders broke down, U.S. President Barack Obama said on Thursday.

Chrysler LLC -- battered for the past two years by disappearing global auto sales and the credit crisis -- filed for bankruptcy on Thursday and announced an industry-changing deal with Fiat after talks to restructure its debt broke down.

Stocks rose on Thursday, but were well off session highs, as investors sought to reconcile upbeat corporate profits and reassuring job market data with anxiety about Chrysler LLC's bankruptcy filing.