9 Feb 2009, 10:16 UTC · By: Daniel Patrascu / The Big Three are not so big anymore. Desperate to survive the crisis, they've cut jobs, sold assets, got loans and still no result. But nowhere is the crisis more obvious than in their human r...
6 Feb 2009, 16:14 UTC · By: Daniel Patrascu / If you have you ever wondered how much does an auto executive earn each year, you are about to find out. If not, you should still take a look, because this is no ordinary year. It is the year of an ...
6 Feb 2009, 13:14 UTC · By: Bogdan Popa / The United States government has just made another step towards the restructuring process of the Detroit (it's actually Detroit 2 now since Ford is not anymore involved): it hired two law firms...
6 Feb 2009, 10:15 UTC · By: Bogdan Popa / In a desperate move to meet the February target of 78,000 vehicles, Chrysler is extending the last day for dealers to place new cars orders to Monday, The Detroit News wrote today quoting vice chair...
6 Feb 2009, 09:37 UTC · By: Bogdan Popa / After announcing on January 30 the acquisition of several assets belonging to Saleen Inc., MJ Acquisitions is now targeting a new business, this now owned by American giant Chrysler. Even though Sal...
6 Feb 2009, 08:41 UTC · By: Madalina Iancu / With the financial downturn leaving behind lots of people without a job and a bunch of debts to pay, there is no wonder that they have begun to protest in the streets for their rights. That'...
5 Feb 2009, 16:16 UTC · By: Daniel Patrascu / n2a Motors, the California based custom builder said today it is ready to receive orders for the Corvette based sportscar named Anteros. The models are priced in the $150k+ range, so take a close lo...
4 Feb 2009, 13:59 UTC · By: Daniel Patrascu / The new car sales in Germany have fell by 14 percent in January in the domestic market, while exports took a 39 percent plunge, compared to the same period in 2008. Automakers believe this is the th...
4 Feb 2009, 11:40 UTC · By: Daniel Patrascu / Chrysler says the upcoming alliance with Italian automaker Fiat could be very prosperous, but it is not the only option it has. The company refrained from other comments and made no reference as to ...
4 Feb 2009, 10:12 UTC · By: Bogdan Popa / The White House administration is continuously working to form an auto restructuring team, including an auto czar that would oversee the industry reform, and the first picks may be announced this we...
4 Feb 2009, 09:40 UTC · By: Daniel Patrascu / Chrysler LLC made public today its January sales report and things don't look good at all. Having a 55 percent drop in units sold, compared to the same period in 2008, Chrysler's sales are...
4 Feb 2009, 08:35 UTC · By: Daniel Patrascu / Chrysler received three offers for its Viper business, co-President Jim Press was quoted as saying by CNNMoney.com, but the matter is being look at with “due diligence.” The company firs...
3 Feb 2009, 17:26 UTC · By: Daniel Patrascu / Fiat plans to finish its review of Chrysler's operations by February 17, in order to help the American counterpart to get a green light with this vital point in the viability report expected by...
3 Feb 2009, 08:15 UTC · By: Daniel Patrascu / The restless race for money, initiated by the economic crisis, makes car manufacturers fire workers, close down factories, scrap new models and sell assets. Undoubtedly, marketing budgets are also c...
2 Feb 2009, 08:42 UTC · By: Bogdan Popa / Despite the fact that the automaker recently signed a strategic agreement with Fiat, the bailout money sourced from the United States Treasury will be exclusively used in North America, Chrysler CEO...
2 Feb 2009, 08:20 UTC · By: Bogdan Popa / American automakers are now joining forces for a major campaign against state-by-state regulations and struggle to convince the Washington authorities that a unique national standard would be useful...
28 Jan 2009, 18:17 UTC · By: Daniel Patrascu / Following last week's announcement that Chrysler and Fiat have joined forces in a strategic alliance, the Italian manufacturer is expected to make public a future cooperation with BMW for the d...
28 Jan 2009, 11:39 UTC · By: Madalina Iancu / After getting a $45 billion from the government, Citigroup had to do something about their plan before the current financial crisis to purchase a new corporate jet . However, an Associated P...
27 Jan 2009, 13:12 UTC · By: Bogdan Popa / As you probably heard, United States President Barack Obama yesterday asked the Environmental Protection Agency to review the greenhouse gas emission rules for vehicles and decide whether the states...
26 Jan 2009, 17:45 UTC · By: Bogdan Popa / The short story so far: Fiat and Chrysler announced a so-called global strategic partnership and the American automaker confirmed that it plans to bring several models designed by the Italian compan...