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Chrysler, Fiat to sign alliance deal
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15:09, April 30, 2009

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Italy's Fiat SpA will sign an agreement Thursday to form an alliance with the U.S. automaker Chrysler LLC, sources familiar with the negotiations said Wednesday.

The U.S. government had set an April 30 deadline for Chrysler to strike a deal with Fiat after concluding that the struggling automaker would not be viable on its own.

Source: Xinhua

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