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Reported Aid to Chrysler Denied: A spokesman...

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From Times Staff and Wire Reports

Reported Aid to Chrysler Denied: A spokesman for struggling Chrysler Corp. dismissed as “rumor and speculation” a report that Mitsubishi Motors Corp. will assume $220 million in expenses at their joint U.S. assembly plant. Japanese newspapers reported that the auto makers were close to finalizing a deal that would give Mitsubishi a larger stake in Diamond Star Motors Corp., their Normal, Ill., auto-making factory.

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