Chrysler has filed for bankruptcy.

[moneysense]

This past Thursday, Chrysler filed Chapter 11 bankruptcy and many of their customers arent fazed by this filing at all, as most are loyal Chrysler customers.

Chrysler is hoping to come out of this in 30 days, merged with Fiat, and the outcome of the merger is expected to be "leaner, cleaner" cars.

President Obama has said that the government will back the Chrysler warranties on their vehicles, even if Chrysler should fail.

Some things that Chrysler has used to bring in customers have been 0% financing, and cash rebates. But the bottom line is, only time will tell what will happen to one of the Big 3 automakers.