Court halts Chrysler assets sale

Chrysler’s five weeks of breakneck-speed bankruptcy proceedings came to a screeching – but possibly temporary – halt when a Supreme Court judge delayed the sale of assets to Italian carmaker Fiat.

Court halts Chrysler assets sale

Chrysler’s five weeks of breakneck-speed bankruptcy proceedings came to a screeching – but possibly temporary – halt when a Supreme Court judge delayed the sale of assets to Italian carmaker Fiat.

The move could derail the US government’s ambitious plan for Chrysler to get back to profitability without the burden of many of its debts.

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