Fiat after Chrysler Deal: Now We Want Opel
4 May 2009, 14:39 UTC · By: Bogdan Popa / Only a rumor, huh? At least this what Luca di Montezemolo said some time ago when asked by the media whether Fiat is indeed interested in buying the German ailing brand Opel. Well, it appears that t...
GM Supports Obama in Chrysler Bankruptcy Saga
4 May 2009, 10:16 UTC · By: Bogdan Popa / General Motors is fully confident that President Obama's decision to send Chrysler into Chapter 11 will help the American auto industry, the company said in a statement for the press, emphasizi...
Chrysler's Denial Stage, Powered by BBDO
4 May 2009, 09:55 UTC · By: Daniel Patrascu / Who says that when under bankruptcy, you should not advertise your business? So what if it failed miserably and it required a foreign hand to step in and pull it from the abyss (apart from the billi...
Ford: Chrysler's Bankruptcy Does Not Affect Us
4 May 2009, 08:45 UTC · By: Bogdan Popa / Following the official announcement that Chrysler is filing for bankruptcy in the United States, Ford quickly came out to calm down its employees and clearly state that such an important move does n...
The New Fiat: Sky Is No Limit
4 May 2009, 07:18 UTC · By: Daniel Patrascu / Italian manufacturer Fiat is now living in what may be very well considered its best years. The company is engaged in an all out offensive of purchase, alliances and reorganizing, processes which wi...
After Nardelli, LaSorda Leaves Chrysler Too
3 May 2009, 16:03 UTC · By: Bogdan Popa / Chrysler is surely experiencing the largest restructuring plan it could get and, after the company’s CEO Robert Nardelli announced he will leave the company, another key official confirms his ...
Chrysler to Sell Assets to Fiat, Close Plants
3 May 2009, 16:42 UTC · By: Daniel Patrascu / As a result of Thursday’s bankruptcy filling, the American manufacturer is said to plan the sale of most of its assets to their new partner, Fiat. In addition, the Michigan-based company unvei...
Fiat: We Want Opel
3 May 2009, 16:35 UTC · By: Daniel Patrascu / As you already know by now, the Italian manufacturer has already signed for the takeover of a 20 percent stake in bankrupt American manufacturer Chrysler, and even is supposed to take over the compa...
Confirmed: Chrysler Files for Bankruptcy, Nardelli Will Leave
30 Apr 2009, 18:34 UTC · By: Daniel Patrascu / This news no longer comes as a surprise, as reports claiming that the US manufacturer will enter Chapter 11 have been with us throughout the day. Finally, they have been concluded with the confirmat...
Opinions: Chrysler Bankruptcy
30 Apr 2009, 15:21 UTC · By: Daniel Patrascu / The approaching announcement of the first Detroit Three giant to file for bankruptcy has already placed additional pressure on the international markets. Whereas the effects will be more visible tom...
Update: Chrysler to Go Into Bankruptcy
30 Apr 2009, 14:45 UTC · By: Daniel Patrascu / Contradictory news about the future of Chrysler have surfaced throughout the day, yet, as we reported one hour ago, one thing seems to be certain. Chrysler will seek Chapter 11 protection, after fai...
Fiat-Chrysler Are One, Chapter 11 Will Follow
30 Apr 2009, 13:10 UTC · By: Daniel Patrascu / The struggle of American manufacturer Chrysler seems to be over, as Corriere della Sera announced it has reached an agreement with Fiat regarding their future together. Although yet unconfirmed, the...
US Rallies for Chrysler
30 Apr 2009, 12:13 UTC · By: Daniel Patrascu / With bankruptcy becoming more and more of a certainty, mostly because of the hedge funds which did not agree with the $2 billion in cash swap for a $6.9 billion debt, Chrysler's swan song draws...
Obama Lives in a Yellow Submarine, Is Full of Hope for GM and Chysler
30 Apr 2009, 10:15 UTC · By: Tudor Raiciu / While GM and Chrysler are in limbo over the Chapter 11 bankruptcy law, President Barack Obama yesterday expressed his growing optimism concerning the two US carmakers. Apparently, his sudden mor...
Chrysler-Lenders Meeting Goes South
30 Apr 2009, 09:08 UTC · By: Daniel Patrascu / As the doomsday hour draws even closer for American manufacturer Chrysler, reports start poring in, some bringing good and some bringing bad news. After we reported earlier today that the signing of...
Chrysler Offers Two Jeeps to Help Earthquake Victims
30 Apr 2009, 08:56 UTC · By: Alina Dumitrache / Chrysler and its supplier VM Motori S.p.A. (a diesel engine manufacturing company located in Cento, Italy) have donated two Jeep vehicles to the Italian Civil Protection Department, in order to supp...
UAW Ratifies Chrysler Contract
30 Apr 2009, 06:55 UTC · By: Daniel Patrascu / Awaiting today's decision regarding its future along side Fiat, Chrysler managed to ratify it's restructuring contract with the UAW. 82 percent of production workers, 80 percent of the ski...
Fiat Vice Chairman Confirms Chrysler Deal Decided Thursday Evening
29 Apr 2009, 14:21 UTC · By: Bogdan Popa / Only one day left until we'll finally find out whether Fiat and Chrysler will finally join their forces for one the largest strategic alliances in automotive industry or continue on their own. ...
Fiat's Marchionne Forecasts Chrysler Bankruptcy
29 Apr 2009, 13:37 UTC · By: Bogdan Popa / Fiat's CEO Sergio Marchionne already sees Chrysler filing for Chapter 11, the president of the Canadian Auto Workers told Autonews paraphrasing the Italian official. Ken Lewenza was extremely c...
Chrysler Swaps Debt for Cash
29 Apr 2009, 08:09 UTC · By: Daniel Patrascu / After receiving yesterday a much needed brake from one of the most unlikely sources (we are talking here about Daimler's exit from the American manufacturer), Chrysler made yet another importan...