May
11th
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States are carefully monitoring Chrysler LLC's bankruptcy case for its possible impact on workers' compensation funds. Full story...
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May
11th
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The US government would work to pave the way to bankruptcy at General Motors, as it did with Chrysler last month, if GM's restructuring effort falls short this month, US treasury secretary Timothy Geithner has said. Full story...
May
11th
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Chrysler LLC's Viper plant isn't the only American sports car factory on the market. General Motors CEO Fritz Henderson said today the company will listen to offers for the Wilmington, Del. Full story...
May
11th
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Chrysler LLC's Viper plant isn't the only American sports car factory on the market. General Motors CEO Fritz Henderson said today the company will listen to offers for the Wilmington, Del. Full story...
May
11th
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Chrysler wanted to spend $134 million in advertising over the nine weeks it is expected to be in bankruptcy. The U.S. Treasury's auto industry task force gave it half that. Full story...
May
11th
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Leaders of Italy's and Germany' s major engineering unions will meet in Frankfurt on Wednesday to discuss the job implications of the proposed Fiat-Chrysler-Opel merger and the creation of a new global giant carmaker, Reuters reported. Full story...
May
11th
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Leaders of Italy's major engineering unions will meet their counterparts in Germany next week as anger seethes in the Mediterranean nation over Fiat CEO Sergio Marchionne's plan to merge Fiat, Opel and Chrysler into a new global giant carmaker. Full story...
May
11th
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Leaders of Italy's major engineering unions will meet their counterparts in Germany next week as anger seethes in the Mediterranean nation over Fiat CEO Sergio Marchionne's plans to merge Fiat, Opel and Chrysler into a new global giant carmaker. Full story...
May
9th
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Leaders of Italy's major engineering unions will meet their counterparts in Germany next week as anger seethes in the Mediterranean nation over Fiat CEO Sergio Marchionne's plans to merge Fiat, Opel and Chrysler into a new global giant carmaker. Full story...
May
9th
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The U.S. government would facilitate a bankruptcy at General Motors, as it did with Chrysler LLC, if GM's restructuring effort falls short this month, U.S. Treasury Secretary Timothy Geithner said."There is a range of ways to achieve this. Full story...
May
8th
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Two vintage Chrysler Airflows are among the early headliners for the auction on the eve of the Meadow Brook concours this summer in Michigan. Full story...
May
8th
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Chrysler LLC has paid all U.S. dealers for incentive and warranty claims owed them yet can't yet say how many dealerships will survive the automaker's bankruptcy, co-President Jim Press said today. Full story...
May
8th
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A Texas Chrysler dealership has filed a motion in the Chrysler LLC bankruptcy case that could test the relevance of state franchise laws that protect dealers. The dealer, a casualty this year of a Chrysler Financial floorplan cutoff, is in U.S. Full story...
May
8th
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A group of Chrysler lenders that opposed the government's restructuring plan for the auto maker has been forced to disband after two of its five members backed out, people familiar with the matter told the Wall Street Journal (WSJ). Full story...
May
8th
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Another extraordinary week in the fascinating autobiz has whizzed by, helped a little by the fact that Monday was a public holiday here in the UK. Key topics these recent days: the post-Chapter-11-filing processes surrounding Chrysler, some grim Q1/full fiscal year results, ongoing GM restructuring and a certain Signor Marchionne. Full story...
May
8th
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A dissident group of Chrysler LLC lenders that has been challenging the carmaker's proposed merger with Fiat S.p.A. is disbanding after two of its five members withdrew, a lawyer for the group said today. Full story...
May
8th
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A dissident group of Chrysler LLC lenders that has been challenging the carmaker's proposed merger with Fiat S.p.A. is disbanding its effort after two of its five members withdrew, a lawyer for the group said today. Full story...
May
8th
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It took a bankruptcy for Chrysler LLC to return to network TV. The automaker, which has been operating since last Friday under Chap. Full story...
May
8th
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The US Treasury last night said Chrysler, which filed for Chapter 11 bankruptcy protection on 30 April, had now reduced the amount of debtor-in-possession financing to US$3.034bn from $3.340bn. Full story...
May
7th
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Japan's response to Chrysler's bankruptcy is an incredulous shake of the head. Some here worry about the bankruptcy's impact on the supply chain that is so vital to Japanese automakers operating in North America. Full story...