I vote for option #1: Chysler is dissolved. Seems the best. Somone might buy the good parts: Jeep brand, Dodge Truck. Whoever buys certainly WON’T buy contracts, pensions. The brands can live this way, which is best for consumers.
Chrysler, GM, and (soon) Ford should be allowed to file their OWN bankruptcy filing under longstanding American law so that they can reorganize and relocate to right to work states.