From the just-released GAO report (PDF) on the auto bailout: Chrysler’s shareholders, including Treasury, have agreed that Fiat’s equity stake in Chrysler will increase if Chrysler meets certain benchmarks, such as producing a vehicle that achieves a fuel economy of 40 miles per gallon or producing a new engine in the United States. Treasury officials stated
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Bailout Watch 567: Feds Mandate Chrysler Green Car