I am up uncharacteristically early, taking some pics for this weekend's Wheels section.
I have CNN on, and it is reporting that Chrysler will file for bankruptcy in the United States by noon today.
This may be brinksmanship, trying to force some of the company's recalcitrant creditors to make a deal - some of them refused by last evening's deadline.
It may be that Fiat, seen by many as the White Knight in this scenario, would prefer to acquire Chrysler through the bankruptcy process, figuring it would get a better deal. Time - three hours - will tell.
One way or another, everyone involved is hoping that some sort of viable enterprise will emerge from this mess - bankruptcy does not always mean liquidation.
And owners of Chrysler products apparently will have their warranties guaranteed by various levels of government.