The Obama administration task force working to restructure General Motors and Chrysler LLC will meet with a top U.S. executive of Toyota Motor Corp., a spokeswoman for the Japanese automaker said Wednesday. Jim Lentz, president of Toyota's U.S.
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The Obama administration task force working to restructure General Motors and Chrysler LLC will meet with a top U.S. executive of Toyota Motor Corp., a spokeswoman for the Japanese automaker said today. Jim Lentz, president of Toyota's U.S.
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The Obama administration task force working to restructure General Motors and Chrysler LLC will meet with a top U.S. executive of Toyota Motor Corp., a spokeswoman for the Japanese automaker said today. Jim Lentz, president of Toyota's U.S.
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Chrysler LLC will lay off one shift at its Windsor, Ontario, minivan plant indefinitely. Canadian Auto Workers union members were told this morning.
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Chrysler LLC spent an average of $5,566 per vehicle on incentives in February, up 29.7 percent from January, according to Edmunds.com, which said the number was a record for the automaker.
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General Motors has not revived consideration of a merger with smaller rival Chrysler LLC since calling off negotiations toward a deal last year, a senior executive said today.
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Chrysler LLC co-President Jim Press today said Chrysler and Fiat S.p.A. are continuing due diligence for a proposed alliance, but stakeholder concessions are needed to get the financial aid that will make the deal viable.
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US firm presents its European line-up
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Fiat's CEO will go to Washington this week to try to convince government officials of the benefits of a planned alliance between the Italian industrial group and struggling U.S. car maker Chrysler.
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Fiat's CEO will go to Washington this week to try to convince government officials of the benefits of a planned alliance between the Italian industrial group and struggling U.S. car maker Chrysler.
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Fiat CEO Sergio Marchionne will go to the United States in the next few days to discuss its deal with Chrysler with federal authorities. Marchionne was speaking at the auto show here.
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Fiat CEO Sergio Marchionne will go to the United States in the next few days to discuss its deal with Chrysler with federal authorities. Marchionne was speaking at the auto show here.
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Chrysler vice-chairman Jim Press said today that the automaker was "hopeful" the automaker had all the criteria necessary to receive additional U.S. government loans.
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Chrysler vice-chairman Jim Press said today that the automaker was "hopeful" the automaker had all the criteria necessary to receive additional U.S. government loans.
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Cerberus Capital Management LP wants more federal loans for Chrysler LLC in order to avoid "excessive risk-taking" that contributed to Wall Street's demise, Cerberus' COO said today in The New York Times.
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Honda earned Consumer Reports' top rating for the third straight year, extending Japanese automakers' dominance of the annual report card, while Chrysler LLC finished at the bottom.
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The Obama administration task force overseeing auto industry restructuring turned its attention to Chrysler on Wednesday, which is seeking up to US$5bn in new bailout funds.
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Chrysler LLC CEO Bob Nardelli kept his cards close to his vest after a visit here on Wednesday. Nardelli was here to press Obama administration officials on Chrysler's need for more federal aid, says a person who was briefed on the event.
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Chrysler LLC CEO Bob Nardelli was meeting today with members of the U.S. auto industry task force as officials begin to review the automaker's request for up to $5 billion in additional aid.
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