The U.S. bankruptcy judge overseeing Chrysler LLC's bankruptcy case said on Friday he would issue an opinion "sometime on Monday" on the automaker's proposed sale of most assets to a new company run by Italy's Fiat S.p.A.
Full story...
Chrysler LLC neared approval for its sale to a group led by Italy's Fiat S.p.A. after three days of testimony ended and parties shifted their attention to 350 objections from dealers and other opponents of the sale.
Full story...
Chrysler LLC hopes to end a third day of bankruptcy court hearings today with approval to sell most of its operations to a group led by Italy's Fiat, although opponents are likely file immediate appeals.
Full story...
A Swedish court today granted General Motors' money-losing Saab unit a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A. as potential buyers for the brands.
Full story...
A Swedish court on Friday granted General Motors' loss-making unit Saab a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A as potential buyers for the brands.
Full story...
A Swedish court today granted General Motors' money-losing Saab unit a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A. as potential buyers for the brands.
Full story...
A Swedish court on Friday granted General Motors' loss-making unit Saab a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A as potential buyers for the brands.
Full story...
German efforts to forge a rescue for General Motors' Opel unit were under threat on Friday after Fiat S.p.A. and Magna International, the leading candidates to take over the carmaker, voiced reservations about the bidding process.
Full story...
German efforts to forge a rescue for General Motors' Opel unit were under threat on Friday after Fiat S.p.A. and Magna International, the leading candidates to take over the carmaker, voiced reservations about the bidding process.
Full story...
German efforts to forge a rescue for General Motors' Opel unit were under threat on Friday after Fiat S.p.A. and Magna International, the leading candidates to take over the carmaker, voiced reservations about the bidding process.
Full story...
Germany raced to overcome a transatlantic spat and growing tensions among Opel bidders to clinch a deal for the German carmaker today, as parent General Motors hurtled toward bankruptcy.
Full story...
The horror! cried Kurtz. We're playing the game fairly, said Ball. If the U.S. Bankruptcy Court allows the sale of a "new Chrysler" to Italy's Fiat S.p.A.
Full story...
A US bankruptcy court is today (28 May) holding a second and possibly decisive day of hearings on Chrysler's bid for revival as a Fiat partner.
Full story...
Fiat CEO Sergio Marchionne has headed back to the United States to discuss issues concerning Chrysler, a source at the industrial group told Reuters on Thursday.
Full story...
Chrysler LLC expects to close its sale of most assets to Fiat as early as Friday, CEO Robert Nardelli told the bankruptcy court that is considering whether to approve the transaction.
Full story...
Chrysler LLC returns to bankruptcy court today for the likely approval of the sale of most of its operations to a group that includes Fiat, although hundreds of objections were still scheduled to be heard.
Full story...
Chrysler LLC expects to close its sale of most assets to Fiat as early as Friday, CEO Robert Nardelli told the bankruptcy court that is considering whether to approve the transaction.
Full story...
As the battle for German carmaker Opel narrowed to a two-way race between Fiat and Magna International, overnight talks to shield Opel from parent General Motors' looming bankruptcy ended with no deal early on Thursday.
Full story...
As the battle for German carmaker Opel narrowed to a two-way race between Fiat and Magna International, overnight talks to shield Opel from parent General Motors' looming bankruptcy ended with no deal early on Thursday.
Full story...
Magna International would be open to collaboration with Fiat S.p.A. or other European automakers if the deal would create a "win-win" scenario, co-CEO Don Walker told Reuters on Thursday.
Full story...
The latest auto news, reviews, prices, product and vehicle releases.