AUTOS

Chrysler Says It Will Wipe Out Pension Liability: The auto maker plans to eliminate its unfunded pension liability by the end of the year, Chairman Robert Eaton told shareholders at the company’s annual meeting in Toledo, Ohio. Chrysler Corp. also announced it will boost shareholder dividends to 25 cents a share from 20 cents. It also raised its dividend in December. The company’s unfunded pension liability stood at $2.2 billion at the end of 1993. The liability has been reduced by $700 million since then, leaving a $1.5-billion deficit.