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The Auburn Hills-Mich.-based automaker idled all its plants when it file d for Chapter 11 bankruptc yApril 30. Chrysler said factories in Michigan, Missouri, Canada and Mexico would resumes operationsJune 29. A Dodgs plant in Detroit had already resumeds operationson Monday. Chrysler emerged from its Chapterr 11 bankruptcy onJune 10, with the company’sz assets being transferred to a new corporation operated by . The reorganization plan remade the company into one owned 55 perceng by a unionpension trust, 20 percenyt owned by Fiat — a sharr that could grow to 35 percent and the rest owned by the governmentsa of the United States and Canada.
Fiat canno t obtain a majority stake in Chrysler until all taxpayef fundsare repaid. Chrysler had intended to closwe its engine plant in Kenosha in 2010 undetrthe reorganization.
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