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Magna's partnership with Russian tycoon might bolster Chrysler bid

Magna International, the Canadian auto parts maker believed to be the leading bidder to buy the Chrysler Group, announced a $1.54-billion Russian financing deal yesterday that gave a new twist to possibilities for the struggling automaker, according to the Detroit Free Press.
By the end of the day, Magna chairman Frank Stronach was speculating about building Jeeps in Russia.

Posted by   at 10:52 AM to Companies | Permalink

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