fiat

Workers at Fiat's auto plant in Turin are voting on a controversial plan that could determine the company's future in Italy.

Fiat wants union support on a deal aimed at boosting productivity in exchange for a billion dollar investment and Chrysler's entry into a joint venture.The plan is dividing workers.

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With the last legal obstacle cleared away by the Supreme Court on Tuesday, Chrysler finally inked its long-awaited deal with Fiat on Wednesday.

By selling its key assets to the Italian carmaker and shedding many of its debts, as well as hundreds of dealers, Chrysler can now emerge from bankruptcy as a leaner automaker.

Chrysler's plan to be sold to Italian carmaker Fiat is back on course. The Supreme Court on Tuesday rejected claims from a group of creditors.

Meanwhile, the House has passed the "cash for clunkers" bill. It's a measure aimed at boosting sales of fuel-efficient cars and trucks.

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