Chrysler Sale Challenged, Delay Possible
3 Jun 2009, 14:06 UTC · By: Daniel Patrascu / As was to be expected, the sale of Chrysler's assets to the new company will be anthing but smooth. The sale process, already approved, has been challenged by a group of Indiana pension funds t...
Chrysler Sets New 2009 Sales Record in May
3 Jun 2009, 09:49 UTC · By: Bogdan Popa / After General Motors already announced that May was the best month so far in 2009, Chrysler today reveals the same thing, revealing the high sales figures it recorded last month. It may seems like b...
500, the Only Model to Reach the US as a Fiat
2 Jun 2009, 10:16 UTC · By: Bogdan Popa / We all know by know that, as part of the strategic alliance between Chrysler and Fiat, the Italian manufacturer plans to launch several models designed in Europe in the United States and benefit fro...
NADA Applauds Chrysler-Fiat Alliance, Still Against Drastic Dealer Cuts
2 Jun 2009, 07:29 UTC · By: Bogdan Popa / Following the the federal court's decision to approve the sale of Chrysler's assets to Fiat - which translates in the first major step made towards the alliance between the two - represent...
NASCAR Hopes to Survive GM Bankruptcy
2 Jun 2009, 07:28 UTC · By: Ovidiu Panzariu / NASCAR chairman Brian France must make one more proof of his management abilities, as the most popular racing series in North America is now depending on the economic situation of its car manufactur...
Chrysler's Lee Iacocca to Have His Pension and Car Taken Away
1 Jun 2009, 15:22 UTC · By: Tudor Raiciu / Once rumored as the czar of the US auto industry, the man who put Chrysler back on its feet in the 1980s is likely to lose a large amount of his pension and the guaranteed life-long company car fol...
Court Approves Sale of Chrysler's Assets to Fiat - Nardelli's Reaction
1 Jun 2009, 13:52 UTC · By: Bogdan Popa / As we told you earlier this day, the United States Bankruptcy Court Southern District of New York okayed the sale of Chrysler's assets to a new entity formed with Fiat, which means the American...
Court Okays Chrysler Assets Sale to Fiat
1 Jun 2009, 08:31 UTC · By: Bogdan Popa / This is probably the only good news for Fiat these days as the Italian automaker lost the battle with Magna International and its Russian partners over the acquisition of Opel. A federal bankruptcy ...
LaSorda: Fiat Was the Only Option
28 May 2009, 07:48 UTC · By: Daniel Patrascu / Who is still living under the impression that the main focus of the Fiat-Chrysler alliance was the introduction of new technologies in the US should stand corrected. In the beginning, the main reas...
GM Bondholders Reject Offer, Bankruptcy Likely
27 May 2009, 10:28 UTC · By: Daniel Patrascu / As we told you earlier today, the deadline set for GM's bondholders (to accept or decline the swap of a $27 billion for a 10 percent stake in the reorganized company), came and went last night....
Chrysler Submits EV Development Plans
27 May 2009, 07:54 UTC · By: Daniel Patrascu / As part of its restructuring campaign, American manufacturer Chrysler has submitted to the Department of Energy (DoE) three proposals outlining a $448 million plan to "rapidly bring Electric Ve...
Opel Race Heats Up
26 May 2009, 14:06 UTC · By: Daniel Patrascu / German manufacturer Opel has become one of the most craved after assets in the automotive world these days. Until a final decision is made in the following days, new developments are to surface by t...
"Fiat, Just a Clever Hyena," Autoevolution Poll Finds Out
26 May 2009, 08:34 UTC · By: Tudor Raiciu / The whole Chrysler bankruptcy issue and the ongoing Fiat saga prompted us last week to find out your opinion on the matter. Our poll question, "Has Fiat become Chrysler's white knight ...
2009 Tokyo Motor Show Loses Porsche, Maserati
25 May 2009, 08:56 UTC · By: Bogdan Popa / Following last week's announcement that no less than 22 manufacturers will not attend the upcoming 2009 Tokyo Motor Show, here are two new names that confirmed they won't show up at the ev...
GM Reaches UAW Agreement, Lenders Await
22 May 2009, 12:25 UTC · By: Daniel Patrascu / One minor step for GM, yet in the right direction. The American manufacturer now operating with next week's sword over head has come to an agreement with the UAW, eliminating one of the obstacl...
Chrysler Could Kill ALL Dealers if Fiat Alliance Not Approved
22 May 2009, 06:19 UTC · By: Bogdan Popa / Since the American ailing manufacturer announced last week that it plans to end its contracts with 789 dealerships across the United States, Chrysler has been severely criticized from all around, no...
What Bankruptcy? Chrysler's Sales Go in the Right Direction
21 May 2009, 14:55 UTC · By: Bogdan Popa / Even though the company has filled for bankruptcy and is now planning to shed 789 dealers across the United States, Chrysler sees increasing sales in the home country, an executive of the American m...
Chrysler Group's New Board Includes Fiat Execs
21 May 2009, 14:43 UTC · By: Daniel Patrascu / After the recent announcement made by American manufacturer Chrysler that Bob Nardelli will be replaced with Robert Kidder, it was to be expected that Fiat will make its move. Now, sources familiar ...
Chrysler's Sale, On as Planned
21 May 2009, 12:54 UTC · By: Daniel Patrascu / The sale of Chrysler's assets to Fiat will continue, despite the opposition of several parties, including dealers, lenders and state or retiree pension funds. Today, a bankruptcy court rejected...
Robert Kidder, Chrysler's New Chairman
21 May 2009, 07:19 UTC · By: Daniel Patrascu / As you already know by now, following Chrysler's exiting the bankruptcy process, Robert Nardelli will leave the company. The American manufacturer today announced his successor: Robert Kidder,...