President Obama announced today that talks had failed to find a way to stave off bankruptcy, as Chrysler will now file for Chapter 11.

The White House put out this press release on what the administration is doing.

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Travelers wait in Concourse F, the international terminal, at Hartsfield-Jackson airport in Atlanta on Wednesday, June 4, 2025. (Arvin Temkar / AJC)

Credit: arvin.temkar@ajc.com