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Battle Royale: If GM and Chrysler merge, which models survive? var digg_url = 'http://digg.com/autos/If_GM_and_Chrysler_merge_which_models_survive'; At first we thought the idea of a merger between General Motors and Chrysler LLC was laughable. We still do, but persistent reports to the contrary have us fearing that this marriage just might happen. Combining these two automakers would be a messy job, as many models on both sides of the fence compete directly with on another in the marketplace. If the merger does happen, someone may have to sit down and decide which... Article added: 2008-12-04 15:19:06 Article Views Rating: 126
Beijing Auto mum on report it may bid for Chrysler | detnews.com | The Detroit News SHANGHAI -- Staff at Chinese car maker Beijing Automotive Industry Holding Corp. refused comment Monday on a report that the company might bid for assets of Chrysler LLC. The state-run newspaper China Business News, citing an unnamed Beijing Auto executive, said the Chinese automaker wanted to acquire Chrysler assets using a similar approach to that taken by Nanjing Automobile Group Corp.'s when it bought defunct automaker MG Rover Group. The aim, China Business News said, was to acquire production... Article added: 2009-02-23 15:09:05 Article Views Rating: 204
BREAKING: Chrysler and Nissan announce major supply agreements, shared products digg_url = 'http://digg.com/autos/Chrysler_and_Nissan_announce_major_supply_agreement'; Following the announcement this past January that Nissan would be supplying Chrysler with a new car based of the Versa's platform, the two automakers announced today that more exchange is on the horizon, including a new small car for Chrysler and a Dodge-based pickup for Nissan.The unnamed small car will be built by Nissan in Japan utilizing a Chrysler design and will be sold in North America, Europe and other... Article added: 2008-04-15 05:03:55 Article Views Rating: 198
Bush defends loans to GM, Chrysler | detnews.com | The Detroit News President Bush defended his decision to loan $17.4 billion to General Motors Corp. and Chrysler LLC in his radio address Saturday, saying it would require "meaningful" sacrifices from auto workers, dealers and suppliers. Bush explained how automakers would have to demonstrate by March 31 that they will be viable. "This restructuring will require meaningful concessions from all involved in the auto industry -- management, labor unions, creditors, bondholders, dealers, and suppliers," Bush said during his... Article added: 2008-12-22 05:54:28 Article Views Rating: 114
Canada official seeks more detail on Chrysler plan | detnews.com | The Detroit News OTTAWA -- The Canadian government needs to get a better idea from Chrysler Canada about the implications for this country of the company's financial restructuring plan, says Industry Minister Tony Clement. In an interview Sunday on CTV's "Question Period," Clement said he's especially interested in finding out what product lines the Chrysler LLC Chrysler has in mind for its plants in Windsor and Brampton, Ontario. Chrysler provided only a sketchy outline of its latest proposals Friday, sending a brief... Article added: 2009-02-23 15:09:05 Article Views Rating: 173
Canada wants Chrysler to flesh out plans | detnews.com | The Detroit News OTTAWA -- The Canadian government needs to get a better idea from Chrysler Canada about the implications for this country of the company's financial restructuring plan, said Industry Minister Tony Clement. In an interview Sunday on CTV's "Question Period," Clement said he is especially interested in finding out what product lines Chrysler LLC has in mind for its plants in Windsor and Brampton, Ontario. Chrysler provided only a sketchy outline of its latest proposals Friday, sending a brief letter to the... Article added: 2009-02-23 15:09:05 Article Views Rating: 181
CAW gets GM, Chrysler pact New labor deals between the Canadian Auto Workers and Detroit's Big Three will protect wages and save thousands of union jobs, but also may threaten the long-term survival of Canada's struggling auto industry. The CAW on Thursday announced tentative three-year deals with General Motors Corp. and Chrysler LLC that follow a pattern set by a Ford Motor Co. contract ratified last week. The bargaining ended months before the current contracts expire and lacked the high drama of last year's U.S. labor talks... Article added: 2008-05-16 07:20:06 Article Views Rating: 157
CAW optimistic on Chrysler | detnews.com | The Detroit News Leaders of the Canadian Auto Workers union left a six-hour meeting with Chrysler Group LLC executives with substantially more optimism about the future of the automaker than they had going in. "I left feeling pretty good, and, frankly, I went there pretty down," said CAW President Ken Lewenza, describing Thursday's meeting with Chrysler Chief Executive Officer Sergio Marchionne, which stretched from a scheduled three hours into six and included an impromptu dinner. Lewenza said the five union leaders... Article added: 2009-10-19 06:02:14 Article Views Rating: 24
Cerberus making big demands for remaining stake in Chrysler Daimler has already admitted that its 19.9% share in Chrysler is worth absolutely zero as far as its corporate balance sheets are concerned, but that's not stopping Cerberus from going after that remaining bit as it tries to become the sole owner of the beleaguered American automaker. Without full control of Chrysler, Cerberus would have a tough time offloading it in either one lump deal or in smaller, bit-by-bit transactions. But it sounds like Chrysler's majority owner isn't making life easy for... Article added: 2008-11-27 08:21:34 Article Views Rating: 114
Choice hits Chrysler's laid-off workers Hundreds of laid-off Chrysler LLC workers in Sterling Heights are facing the reality of the landmark UAW contract they agreed to last fall as they find themselves choosing between out-of-state posts and the possibility of permanently losing their jobs. This week and last week, they received letters giving them just a few days to accept or decline a job at plants in Wisconsin or Illinois. The workers at Chrysler's Sterling Heights Assembly Plant are among the first of several thousand across the country... Article added: 2008-05-12 10:09:43 Article Views Rating: 162 |
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