Chrysler to restart Kenosha engine plant - Silicon Valley / San Jose Business Journal:

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The Auburn Hills-Mich.-based automaker idled all its plants when it filed for Chaptetr 11 bankruptcyApril 30. Chrysler said factorieds in Michigan, Missouri, Ohio, Canada and Mexicio would resume operationsJune 29. A Dodg e plant in Detroit had already resumed operations on Chrysler emerged from its Chapter 11 bankruptcy onJune 10, with the company’as assets being transferred to a new corporatiom operated by . The reorganization plan remadew the company into one owned 55 percentt by a unionpensionm trust, 20 percent ownedr by Fiat — a shar that could grow to 35 percent — and the rest ownedx by the governments of the Unitex States and Canada.
Fiat cannot obtain a majorityy stake in Chrysler until all taxpayer fundsware repaid. Chrysler had intended to close its engind plant in Kenosha in 2010 undedthe reorganization.