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Obama Proposes Courtship For Chrysler, Fiat

Despite what President Obama called "a good faith effort," he rejected GM's restructuring plan as "not strong enough." The company will receive additional funds and a new deadline.

And for Chrysler, Obama recommends a merger with Fiat, with a 30-day deadline.


Micheline Maynard, senior business correspondent for the New York Times

Dan Neil, automotive critic for the Los Angeles Times

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