The American Policy Roundtable today called upon President Barack Obama to intervene and stop the termination of 789 Chrysler dealerships across the nation. The contract termination was announced last week by Chrysler operating under the protection of federal bankruptcy court.
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Chrysler welcomes the President's announcement of a framework for a single national approach for fuel economy and greenhouse gas standards. We thank the Administration for their leadership.
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Chrysler LLC was asked on Monday by a congressional subcommittee to provide documents on its planned factory closings, with the panel's chairman saying lawmakers were not given a full accounting of the matter.
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Many media outlets and their sales representatives are worried they'll be stuck holding the bag for outstanding bills with bankrupt Chrysler LLC. Not so for the big guys. NBC, Fox and ABC are getting paid for national ad time on their TV networks.
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Many media outlets and their sales representatives are worried they'll be stuck holding the bag for outstanding bills with bankrupt Chrysler LLC. Not so for the big guys. NBC, Fox and ABC are getting paid for national ad time on their TV networks.
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Many media outlets and their sales reps are worried they'll be stuck holding the bag for outstanding bills with Chrysler, which is restructuring under Chapter 11 bankruptcy proceedings, and anxieties are climbing over bills for GM, which is expected...
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Dealers who would lose franchises under Chrysler LLC's plan to eliminate 25 percent of its U.S. retail network will ask the Obama auto task force to intervene on their behalf.
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General Motors faces a government-imposed June 1 deadline to reach sweeping cost-cutting deals with bondholders and its union and has said it is probable it will follow rival Chrysler LLC into bankruptcy. Here are key upcoming dates.
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Dealers who would lose franchises under Chrysler LLC's plan to eliminate 25 percent of its U.S. retail network will ask the Obama auto task force to intervene on their behalf.
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Chrysler LLC's national dealer council filed a motion in U.S.
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The decisions by General Motors and Chrysler LLC to close more than 2,300 dealerships within the next 18 months will put pressure on vehicle prices, said AutoNation Inc. CEO Mike Jackson. "It's extremely painful in the short run and very disruptive.
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Pennyslvania has 53 Chrysler LLC dealerships slated for closing on June 9, more than any other state.Here's a state-by-state count from the National Automobile Dealers Association:
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General Motors faces a government-imposed June 1 deadline to reach sweeping cost-cutting deals with bondholders and its union and has said it is probable it will follow rival Chrysler LLC into bankruptcy. Here are key upcoming dates.
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General Motors has quietly roped off a bit of virtual real estate with a Web address similar to one used by Chrysler that could serve as an information clearinghouse if GM seeks bankruptcy protection.
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General Motors has quietly roped off a bit of virtual real estate with a Web address similar to one used by Chrysler that could serve as an information clearinghouse if GM seeks bankruptcy protection.
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Chrysler LLC's bankruptcy is hitting Reams Asset Management. In fact, 37 of the 40 pension fund and foundation clients that were listed in the automaker's bankruptcy filing as holders of senior Chrysler debt were clients of the Columbus, Ind.
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Just over 20 percent of the Chrysler LLC dealerships operated by minority owners have been earmarked for closure.
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Chrysler LLC plans to transfer at least 92 percent of its supplier contracts to the new company to emerge from bankruptcy and pay them a total of more than $875 million, according to documents released today.
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Chrysler LLC plans to transfer at least 92 percent of its supplier contracts to the new company to emerge from bankruptcy in an alliance with Fiat S.p.A. and pay them a total of more than $875 million, according to documents released today.
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Now that Chrysler's Chapter 11 restructuring process is well in hand, though hardly without further pain, beady eyes are now sharply focused on General Motors which has roughly two weeks to make a pact with bondholders and the United Auto Workers union or follow its smaller US rival into the hands of bankruptcy court.
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