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Fiat sticking with Chrysler

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Fiat sticking with Chrysler

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Fiat says it will not walk away from its deal to link up with bankrupt car maker Chrysler after it was temporarily blocked by a US Supreme Court justice.

The stay came in response to a request by Chrysler investors. There is a deadline of next Monday to complete the deal but Fiat says it will ignore that. Both Chrysler and the US government have said a long delay could kill the deal and lead to Chrysler’s liquidation.