The US Treasury has provided another US$757m dollars to bankrupt Chrysler.
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Chrysler has submitted three proposals totalling US$448m for two US Department of Energy (DOE) initiatives aimed at rapid vehicle electrification - the Transportation Electrification Initiative and Electric Drive Vehicle Battery and Component Manufacturing Initiative.
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Chrysler faces its day of judgement today (27 May) as a bankruptcy court judge rules on a sale of its key assets to give the ailing automaker a fresh start in a partnership with Italy's Fiat.
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In today's News Brake: Formula One teams have shut the door on Williams; GM to join Chrysler in bankruptcy court, Paul Tracy has plans beyond the 500... But Wait, There's More!
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In today's News Brake: Formula One teams have shut the door on Williams; GM to join Chrysler in bankruptcy court, Paul Tracy has plans beyond the 500... But Wait, There's More!
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U.S. automaker Chrysler LLC said on Tuesday it submitted proposals totaling $448 million to the U.S. Department of Energy to research and develop electric vehicles and plug-in hybrid models.
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U.S. automaker Chrysler LLC said on Tuesday it submitted proposals totaling $448 million to the U.S. Department of Energy to research and develop electric vehicles and plug-in hybrid models.
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U.S. automaker Chrysler LLC said on Tuesday it submitted proposals totaling $448 million to the U.S. Department of Energy to research and develop electric vehicles and plug-in hybrid models.
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In today's News Brake: General Motors confirms there will be a Chevy Camaro convertible; Volkswagen teams up with China for plug-in hybrids; and it will be a busy week for GM and Chrysler ... But Wait, There's More!
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In today's News Brake: General Motors confirms there will be a Chevy Camaro convertible; Volkswagen teams up with China for plug-in hybrids; and it will be a busy week for GM and Chrysler ... But Wait, There's More!
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Satisfying the Indiana state treasurer's demands would lead to the liquidation of Chrysler, resulting in the loss of more than 4,000 Chrysler jobs and 9,000 retiree pensions in Indiana alone, the automaker said in a statement.
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A federal judge denied today a request by a dissenting lender group to delay bankrupt automaker Chrysler LLC's sale hearing and remove the bankruptcy case to district court.
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A federal judge denied today a request by a dissenting lender group to delay bankrupt automaker Chrysler LLC's sale hearing and remove the bankruptcy case to district court.
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A federal Judge denied today a request by a dissenting lender group to delay bankrupt automaker Chrysler LLC's sale hearing and remove the bankruptcy case to district court.
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Rocco Massarelli is down but not out. "I'm too stubborn to quit, and I'm too stupid to go away," said the owner of Richard Chrysler-Jeep-Dodge in the western Chicago suburb of St. Charles. "I'm going to keep selling cars and fight this to the end."
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Chrysler LLC on Monday slammed Indiana State Treasurer Richard Mourdock as making demands that would ultimately push the carmaker into liquidation -- resulting in the loss of more than 4,000 jobs and 9,000 retiree pensions in Indiana alone.
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Rocco Massarelli is down but not out. "I'm too stubborn to quit, and I'm too stupid to go away," said the owner of Richard Chrysler-Jeep-Dodge in the western Chicago suburb of St. Charles. "I'm going to keep selling cars and fight this to the end."
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A federal judge denied today a request by a dissenting lender group to delay bankrupt automaker Chrysler LLC's sale hearing and remove the bankruptcy case to district court.
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Chrysler LLC on Monday slammed Indiana State Treasurer Richard Mourdock as making demands that would ultimately push the carmaker into liquidation -- resulting in the loss of more than 4,000 jobs and 9,000 retiree pensions in Indiana alone.
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DETROIT,-- The turmoil in the automotive industry is reflected in the results of this year's annual study of the automakers' supplier working relations, with the most significant shift in the suppliers' ratings of the auto manufacturers since the study was launched eight years ago. The annual North American OEM - Tier 1 Supplier Working Relations Study tracks the supplier relations of the top 3 US and top 3 Japanese automakers.
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