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DETROIT, Jan 20 (Reuters)—Just as Chrysler LLC announced a sequel to its ownership saga, the struggling automaker also unveiled plans to help underwrite the fourth installment of the Terminator movie series.

Chrysler, which has received $4 billion in emergency aid from the U.S. government, has a deal to place its vehicles in cameo roles in Terminator Salvation, scheduled for release later this year and starring Christian Bale, executives said on Tuesday.

… Under private ownership, Chrysler has cut 36 percent of its employees, taking its combined blue-collar and white-collar staffing to the lowest level since 1934.

Under the terms of its federal bailout, the automaker must submit a restructuring plan next month and demonstrate it can be made viable by the end of March. It has said it will seek another $3 billion in U.S. government loans.

Reuters, via FilmDrunk.

With honor and distinction, Erik Henriksen served as the executive editor of the Portland Mercury from 2004 to 2020. He can now be found at henriksenactual.com.

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