Apr
1st
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Chrysler Financial is axing 80 jobs or 2% of its 4,000-strong workforce. Full story...
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Apr
1st
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Standard & Poor's cut Fiat's long-term debt rating to BB+, the highest junk rating, and warned that a further downgrade was possible, just as Fiat boss Sergio Marchionne was travelling to Detroit for talks on the possible alliance with Chrysler. Full story...
Apr
1st
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Chrysler has halted production of its Sebring and Dodge Avenger cars for four weeks as consumer demand continues to fall. Full story...
Apr
1st
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President Barack Obama's thinking on the crisis facing General Motors has not changed since Monday, a senior administration official told Reuters on Tuesday. Full story...
Mar
31st
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Supplier Noble International Ltd., which has been kept on life support by its customers for the last month, is having its contracts with General Motors, Chrysler LLC and Ford Motor Co. transferred to other auto suppliers. Full story...
Mar
31st
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Chrysler LLC's financial arm said today that it plans to cut 2 percent of its work force or 70 employees. Full story...
Mar
31st
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Chrysler LLC's financial arm said today that it plans to cut 2 percent of its workforce or 70 employees. Full story...
Mar
31st
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The Chrysler customer service centre outsourced to India is to be moved back to Michigan and Utah in the United States. Full story...
Mar
31st
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Fiat chief Sergio Marchionne on Tuesday headed to Detroit for meetings with Chrysler on an alliance that may rescue the failing US auto giant from collapse, a company spokesman said. Full story...
Mar
31st
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Fiat's CEO has flown to Detroit to meet Chrysler LLC's unions and creditors after U.S. authorities gave the carmakers 30 days to set up a partnership to save Chrysler. Sergio Marchionne flew late on Monday to Detroit after U.S. Full story...
Mar
31st
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Fiat's CEO has flown to Chrysler LLC's home town of Detroit to meet trade unions and creditors after U.S. authorities gave the carmakers 30 days to set up a partnership to save Chrysler. Sergio Marchionne flew late on Monday to Detroit after U.S. Full story...
Mar
31st
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Fiat's CEO has flown to Detroit to meet Chrysler LLC's unions and creditors after U.S. authorities gave the carmakers 30 days to set up a partnership to save Chrysler. Sergio Marchionne flew late on Monday to Detroit after U.S. Full story...
Mar
31st
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Fiat's CEO has flown to Detroit to meet Chrysler LLC's unions and creditors after U.S. authorities gave the carmakers 30 days to set up a partnership to save Chrysler. Sergio Marchionne flew late on Monday to Detroit after U.S. Full story...
Mar
31st
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Beijing Benz-DaimlerChrysler Automotive (BBD), a joint venture between Daimler and Beijing Automotive Industry Holding, will receive RMB 6.7bn (US$982m) from Daimler as compensation for capital and operation losses caused by the splitting of Daimler and Chrysler, China Business News reported. Full story...
Mar
31st
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The Canadian government said on Monday it has to consider the possibility of a court supervised restructuring for the Canadian arms of GM and Chrysler. Ottawa said it will offer short-term bridge loans of C$4 billion ($3. Full story...
Mar
31st
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The Canadian government said on Monday it has to consider the possibility of a court supervised restructuring for the Canadian arms of GM and Chrysler. Ottawa said it will offer short-term bridge loans of C$4 billion ($3. Full story...
Mar
31st
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The Canadian government said on Monday it has to consider the possibility of a court supervised restructuring for the Canadian arms of GM and Chrysler. Full story...
Mar
31st
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The Canadian government said on Monday it has to consider the possibility of a court supervised restructuring for the Canadian arms of GM and Chrysler. Ottawa said it will offer short-term bridge loans of C$4 billion ($3. Full story...
Mar
31st
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Senior White House officials on Monday said the federal government could help General Motors and Chrysler LLC through quick bankruptcies if the automakers are unable to restructure successfully outside of court. Full story...
Mar
30th
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Senior White House officials today said the federal government could help General Motors and Chrysler LLC through quick bankruptcies if the automakers are unable to restructure successfully outside of court. Full story...