It may take two more days of testimony for Chrysler to convince a bankruptcy judge that a deal with Italian automaker Fiat is the best way to save itself from liquidation.
The automaker needs U.S. Judge Arthur Gonzalez to approve the sale despite protests from a group of Indiana state pension and construction funds that hold less than 1 percent of Chrysler's secured debt. If Gonzalez OKs the sale, the automaker could emerge from bankruptcy protection within weeks.
Gonzalez heard nine hours of testimony from Chrysler LLC and Fiat Group SpA officials that lasted into Wednesday evening before adjourning the hearing. Testimony is scheduled to resume Thursday …
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