Fiat SpA CEO Sergio Marchionne said today he likes Chrysler LLC in its "totality" and considered it premature to mull over picking up the U.S. automaker's assets in bankruptcy. The alliance talks with struggling U.S.
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The Canadian Auto Workers union said today it was too soon to know if it will reach a last-minute cost savings deal with Chrysler LLC, but that it was pushing hard to get it done.
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The proposed partnership between Fiat and Chrysler has been thrown into a tailspin with revelations that the Italian carmaker has made a secret offer to purchase a majority stake in Opel.
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The governments of Canada and Ontario are in advanced negotiations to provide bankruptcy financing of as much as $6 billion for the Canadian operations of General Motors Corp.
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The governments of Canada and Ontario are in advanced negotiations to provide bankruptcy financing of as much as $6 billion for the Canadian operations of General Motors and Chrysler LLC, The Globe and Mail reported, citing people familiar...
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The governments of Canada and Ontario are in advanced negotiations to provide bankruptcy financing of as much as $6 billion for the Canadian operations of General Motors and Chrysler LLC, The Globe and Mail reported on its Web site,...
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Chrysler is racing to agree a viable restructure with creditors, Fiat, the US Treasury and other stakeholders with just a week to go to the government's deadline.
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Fiat said today that it is still in talks to form a partnership with Chrysler as speculation mounted that the Italian automaker plans to take a majority stake in General Motors' Opel/Vauxhall brands.
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Fiat said today that it is still in talks to form a partnership with Chrysler as speculation mounted that the Italian automaker plans to take a majority stake in General Motors' Opel/Vauxhall brands.
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Fiat said today that it is still in talks to form a partnership with Chrysler as speculation mounted that the Italian automaker plans to take a majority stake in General Motors' Opel/Vauxhall brands.
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The U.S. Treasury has raised its offer to Chrysler lenders with just over a week remaining for the embattled automaker to reach deals to cut its debt and labor costs while reaching reach an alliance with Italy's Fiat SpA, sources said Wednesday.
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The U.S. Treasury has raised its offer to Chrysler lenders with just over a week remaining for the embattled automaker to reach deals to cut its debt and labor costs while reaching reach an alliance with Italy's Fiat SpA, sources said Wednesday.
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Political allies of the U.S. auto industry expressed serious concern on Wednesday to senior White House officials about possible carmaker bankruptcies, with Chrysler LLC facing an April 30 deadline to cement an alliance to avert probable insolvency.
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Political allies of the U.S. auto industry expressed serious concern on Wednesday to senior White House officials about possible carmaker bankruptcies, with Chrysler LLC facing an April 30 deadline to cement an alliance to avert probable insolvency.
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The U.S. Treasury has raised its offer to Chrysler lenders with just over a week remaining for the embattled automaker to reach deals to cut its debt and labor costs while reaching reach an alliance with Italy's Fiat SpA, sources said Wednesday.
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Michigan's attorney general today urged General Motors and Chrysler to file bankruptcy -- if, eventually, they must -- in their home state rather than in Delaware or New York.
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Fiat S.p.A. today denied a declaration by a member of an Italian union that the automaker's proposed deal with Chrysler LLC is "90 percent done." In a statement, Fiat said: "No agreement has been concluded between Chrysler and trade unions in the U.
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Fiat S.p.A. today denied a declaration by a member of an Italian union that the automaker's proposed deal with Chrysler LLC is "90 percent done." In a statement, Fiat said: "No agreement has been concluded between Chrysler and trade unions in the U.
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Detroit lawyers probably will see a lot of work but few of the leadership roles if the federal government calls for a bankruptcy reorganization of General Motors or Chrysler LLC.
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An automobile dealers group plans to urge the Obama administration on Thursday not to eliminate any dealers or force General Motors and Chrysler into bankruptcy.
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