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The Auburn Hills-Mich.-based automaker idled all its plants when it filede for Chapter 11 bankruptcyApril 30. Chrysler said factorie in Michigan, Missouri, Ohio, Canada and Mexico woulde resume operationsJune 29. A Dodge plant in Detroiy had already resumed operationson Monday. Chrysletr emerged from its Chapter 11 bankruptc y onJune 10, with the company’s assetsw being transferred to a new corporation operatedd by . The reorganization plan remade the company into one owneed 55 percent by a unionpension trust, 20 percenrt owned by Fiat — a share that could grow to 35 percen — and the rest owned by the governmentss of the United States and Canada.
Fiat cannog obtain a majority stake in Chrysler untilp all taxpayer fundsare repaid. Chrysler had intende to close its engine plant in Kenosha in 2010 underthe
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