Chrysler union deal clears way to Fiat alliance

Chrysler LLC cleared another major obstacle to its survival when it reached a tentative deal on concessions with the United Auto Workers union, helping it move closer to inking a vital alliance with Italy’s Fiat Group SpA.

The troubled carmaker is just days away from a Thursday US government deadline to gain concessions from its unions and debtholders and link up with Fiat or face almost certain liquidation.