Auto News 5

Fiat's alliance with Chrysler appears to be a "useful" business move that will not hurt Italian workers, but future consolidation in Europe might, an Italian labor leader said on Wednesday. Full story...

Fiat's alliance with Chrysler appears to be a "useful" business move that will not hurt Italian workers, but future consolidation in Europe might, an Italian labor leader said on Wednesday. Full story...

Chrysler has agreed a deal with creditors but bankruptcy is still very likely, according to the latest reports. Full story...

"We are thankful to the Chrysler UAW members for their support in ratifying this contract, especially during these challenging times. This was a necessary step as we move forward in revitalizing this great Company. Today's vote enables us to continue our work to meet the conditions laid out by the U. S. Treasury Department. The entire Chrysler leadership team believes in and appreciates the men and women that make up our great workforce worldwide." Full story...

The president of the Canadian Auto Workers said he was told by Fiat S.p.A. chief Sergio Marchionne that Chrysler was likely to seek bankruptcy protection temporarily in the United States. Full story...

A district court judge in Minnesota has awarded Chrysler Financial a $476.9 million judgment against dealer Denny Hecker. Full story...

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. Full story...

Daimler AG's deal to exit its 19.9 percent stake in Chrysler LLC facilitates the U.S. automaker's proposed partnership with Fiat S.p.A., Chrysler CEO Bob Nardelli said. The move will help Chrysler meet the requirements laid out by the U.S. Full story...

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said. Full story...

Chrysler LLC creditors and the U.S. Treasury Department agreed late Monday on terms that may prevent a Chrysler bankruptcy filing, the Washington Post reported. The creditors agreed to write down $6. Full story...

Fiat's deal with Chrysler LLC will be decided Thursday evening, Fiat Vice Chairman John Elkann said today. "The Chrysler deal will be decided on Thursday evening our time, end of day in the United States. Full story...

Daimler is to divest its 19.9% stake in Chrysler. Full story...

UAW local chiefs approved labor concessions that would cut Chrysler LLC's cash payments to a retiree health-care trust in exchange for 55 percent of the equity in the planned Chrysler-Fiat partnership, a source familiar with the accord said. Full story...

Monday, Daimler AG, Chrysler, Cerberus and the US Pension Benefit Guaranty Corporation (PBGC) signed a binding term sheet covering issues still pending between the parties in connection with Chrysler. Full story...

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. Full story...

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19. Full story...

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19. Full story...

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19. Full story...

Daimler is talking with private equity investor Cerberus Capital Management about selling the German automaker's remaining 19.9% stake in Chrysler. Full story...

DETROIT (Reuters) - Chrysler LLC CEO Bob Nardelli said on Monday that Daimler AG is working with Cerberus Capital Management to divest Daimler's 19.9 percent stake in the struggling U.S. automaker. Full story...