EMERGENCY STOP FOR CHRYSLER SALE

E In

E Indiana state pension and construction funds asked the US Supreme Court to block Chrysler’s sale to Fiat yesterday, as they seek to appeal the sell-off. The news comes after a US appeals court gave the sale the green light last month. If the deal goes ahead, Fiat will own 20 per cent of Chrysler, a union trust would own 68 per cent, and 12 per cent would be government owned.