What was the name of the company that Chrysler defaulted on over $4 billion in debts to in 2009?
United Auto Workers pension fund
Ford Motor Company
General Motors
Toyota Motor Corporation
Answer
In 2009, Chrysler emerged from bankruptcy proceedings with the United Auto Workers pension fund, Fiat S.p.A., and the U.S. and Canadian governments as principal owners. The bankruptcy resulted in Chrysler defaulting on over $4 billion in debts.
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