Chrysler Group today sent letters to 789 rejected U.S. dealerships, kicking off a legislated process that could restore the franchises through arbitration.
The dealers have until Jan. 25 to notify

General Motors has paid about 90,000 U.S to their employees to show that they are not effected by the anticipated bankruptcy filing.
Normally GM employees are paid on Friday, however, this week checks were issued on Tuesday, told spokesman Tom Wilkinson. “It was done to reassure workers worried about bankruptcy,” he said.

General Motors’ bondholders received a much better deal this morning than the previous offer of a 10 percent stake in the company if they didn’t oppose the company’s bankruptcy filing. It’s now reported that the company will file for bankruptcy this Monday.
According to the Detroit Free Press,