How are you shocked or surprised about this? This has been pretty much a sure thing ever since the government loaned them all that money with the restructuring obligations.
Here's the article for those interested. Color me shocked and surprised.
It should be noted that this is I believe Chapter 11 Bankruptcy Protection and not Chapter 7. I discussed this here a week ago.
"It should be noted here that while Chrysler is pretty much for sure going to file Chapter 11, some are starting to predict that it will still ultimately end up filing Chapter 7, which would put a lot of people out of their jobs and be a large contributor to the second wave of the crisis that is about to commence in a few months."