The UAW signaled its willingness to give Ford Motor Co. the same bailout concessions as General Motors and Chrysler LLC when it agreed to permit Ford to terminate its Jobs Bank.
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Chrysler LLC's purchasing chief is demanding a new round of price cuts from suppliers as the automaker faces a Feb. 17 deadline to justify its federal bailout money. Scott Garberding has ordered price cuts from all suppliers effective April 1.
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The UAW has agreed to let General Motors terminate its Jobs Bank, providing the automaker with the same bailout concession made to Chrysler LLC last week, GM confirmed today.
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Chrysler is working to agree concessions with the United Auto Workers union, key suppliers and creditors, has agreed to axe its controversial 'jobs bank' and has hosted Fiat CEO Sergio Marchionne at its US headquarters.
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Chrysler is working to agree concessions with the United Auto Workers union, key suppliers and creditors, has agreed to axe its controversial 'jobs bank' and has hosted Fiat CEO Sergio Marchionne at its US headquarters.
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Fiat S.p.A. CEO Sergio Marchionne and a team of Fiat senior executives visited Chrysler LLC headquarters in Auburn Hills, Mich., on Saturday morning, according to a letter to Chrysler employees from CEO Bob Nardelli.
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Even if a collaborative deal between Fiat and Chrysler is confirmed, the proposed arrival of donor small cars for Chrysler is still years away and will cost the troubled US firm billions of dollars in retooling costs, according to analysts at CSM Worldwide.
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Even if a collaborative deal between Fiat and Chrysler is confirmed, the proposed arrival of donor small cars for Chrysler is still years away and will cost the troubled US firm billions of dollars in retooling costs, according to analysts at CSM Worldwide.
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Fiat S.p.A. CEO Sergio Marchionne and a team of Fiat senior executives visited Chrysler LLC headquarters in Auburn Hills, Mich., on Saturday morning, according to a letter to Chrysler employees from CEO Bob Nardelli.
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Fiat S.p.A. CEO Sergio Marchionne and a team of Fiat senior executives visited Chrysler LLC headquarters in Auburn Hills, Mich., on Saturday morning, according to a letter to Chrysler employees from CEO Bob Nardelli.
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Chrysler has urged US dealers to cut costs and margins and order more vehicles as its restructures to secure more government aid.
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Chrysler LLC and Fiat S.p.A. will bring seven new vehicles to North America under their alliance--four with Chrysler brands and three as Fiats or Alfa Romeos.
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Fiat S.p.A. CEO Sergio Marchionne appears content to keep Americans in charge at Chrysler LLC.
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The biggest obstacle to a Chrysler-Fiat alliance may be finding the cash to finance a potential surge of product sharing. Analysts say a strategic partnership of Chrysler LLC and Fiat S.p.A.
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Chrysler LLC and Fiat S.p.A. will bring seven new vehicles to North America under their alliance and#x2014; four with Chrysler brands and three as Fiats or Alfa Romeos.
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Chrysler LLC today asked dealers to order about 78,000 vehicles for February retail sales to support the company's efforts to show U.S. taxpayers that a $4 billion federal loan can help make the struggling automaker viable.
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Chrysler LLC Chairman Bob Nardelli confirmed today the company is working on the next-generation Dodge Durango SUV.
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The UAW has agreed to let Chrysler LLC end its Jobs Bank on Monday as it seeks to help Chrysler meet the labor-saving terms of its federal bailout before a Feb. 17, deadline, a UAW official said today.
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