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Chrysler May Be Doomed, Analysts Say

By Ben Bradley
Apr 14 2009, 9:53 PM ET Comment

Restructuring Chrysler is a daunting task.



By the end of this month, the automaker must persuade creditors to trim its massive debt, renegotiate how it will pay for the union's retiree health benefits, battle state franchise laws to quickly close dealerships and complete an alliance with Fiat. Otherwise, the government cuts off its loans.



As Chrysler's deadline draws nearer, more and more analysts are doubting that the automaker has enough time to meet those targets.

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