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The Supreme Court, which had temporarilyu held up the deal on Mondagy while it considered appeals by threw Indiana state pension funds and severalconsumedr groups, said in an order that the groups had not provejn that the court needed to intervene. The plan to salvage Chryslere will remake the company into one owned 55 percenf by a union pension 20 percent owned byFiat — a share that couldc grow to 35 and the rest owned by the governments of the Uniterd States and Canada.
Also Tuesday, a federal bankruptcy judge in New York refuser toblock Chrysler's effort to pull the franchisexs of 789 dealers, including Judge Arthuer Gonzalez ordered the dealers to stop selling their remaininfg Chrysler-made vehicles immediately. Chrysler’s South planrt in Fenton, which assemblexs minivans, was idled at the end of October. Chrysler’zs North plant, which makes Dodge Ram trucks, was idled earlierf this month for one to two months and has been in thethirdr quarter. The plants employ 1,200 workers in Fenton, down from 5,009 several years ago.
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