Chrysler Bankruptcy judge approves assets sale to Fiat group

The Chrysler bankruptcy saga has moved one step closer to becoming a reality now as the bankruptcy judge in New York has approved the sale of most of Chrysler’s assets to a group who are under instructions from automaker Fiat.

As reported from CNN, the ruling came last night from the judge and should now pave the way for the rest of the bankruptcy process to continue throughout this week.

The ruling now means that Chrysler are now free to sell off it’s best assets, a move which is going to be a blow to the hundreds of Ex-Chrysler dealship owners.

Full story in the link above. We’ll keep you updated with events as they happen.

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