Chrysler says Fiat deal is worth $10 billion
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Chrysler may appear to be teetering on the edge of bankruptcy, but CEO Robert Nardelli insists the company has a plan to jumpstart its return to fortune. Citing the proposed alliance with Italy’s Fiat Group, Nardelli spoke to Chrysler workers via an email this week urging them not to give up hope and to continue to have faith in the company.The deal with Fiat has been estimated to be worth more than $10 billion for the struggling Auburn Hills based company and could potentially save more than 5,000 North American manufacturing jobs.
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