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Bob Nardelli

AIG v. Detroit - Renegotiating Contracts

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Congress could throw hundreds of billions at GM, Ford and Chrysler -- but how could the results be any different from what we see now?'

Stimulus: Republicans Screw Car Makers and Buyers

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

The bill passed by Congress yesterday throws a one-two punch at our auto industry and consumers.

Five Scariest Detroit Auto Show Moments -- 2009

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

America is the world's biggest automotive market, yet offers very little in the way of independent analysis and car, truck or motorcycle testing.

Bush Punts Auto Industry to Team Obama; UAW Concedes Even More

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

This "agreement" is just another part of the recent "Bush/Cheney Revisionist History Farewell Tour." It was created to fail, just as long as that failure didn't happen while Bush was still president.

Detroit's Next Step; Analysis of Rescue Proposal Here

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

It's always nice to own part of any failing automotive giant from the last century, if the companies are still not viable three, six or even twelve months from now, what will taxpayers' ownership be worth?

Car Sales Tank; Detroit Visits DC, Pt. II

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Now that they have our attention, the Detroit Three, in plans submitted to Congress Tuesday, increased their appeals for federal loans from $25 billion to $34 billion.

GM/Chrysler Merger - 70,000 Idled

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

It wasn't hard to predict the demise of the "Hemi hybrid," but the end came a lot faster than expected. They should have given them a full year of production before, literally, pulling the plug.

Chrysler to Cut 25% of Salaried and Contract Jobs

New York Times | Nick Bunkley | Posted 05.25.2011 | Business

The automaker said that it would offer buyout and early retirement packages in the next two weeks and that layoffs would follow in December. As many a...

Chrysler's CEO says auto industry ripe for mergers

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — Chrysler LLC Chief Executive Bob Nardelli said Thursday that a steep decline in U.S. auto sales has created an environment for industr...

Chrysler Chief Robert Nardelli Talks About The Future Of Cars

CNBC | Posted 05.25.2011 | Business

Chrysler Chief Robert Nardelli visited with Michael Eisner on CNBC's "Conversations With Michael Eisner" to talk about futuristic cars, hybrids, the f...

$50 Billion for the Detroit Three: Yea or Nay?

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Should Chrysler, or two of the car-makers or even all three go bust, then, this time, the American people will pay the price, both literally and figuratively.

The Detroit Three --- Making Any Relevant Cars or Trucks?

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

That the Detroit Three have to build cars and trucks which make sense now and in the future, and which Americans want to buy.

Nardelli: Pedal To The Metal At Chrysler

BusinessWeek | Alex Taylor III | Posted 05.25.2011 | Business

Everyone figured changes were coming when Cerberus bought Chrysler and put former GE executive Bob Nardelli in charge last August. But no one could ha...

Chrysler CEO Predicts $1.6 Billion Loss This Year

Wall Street Journal | JOSEE VALCOURT | Posted 05.25.2011 | Business

Chrysler LLC is on track to lose $1.6 billion this year, Chief Executive Robert Nardelli told a group of employees this week, people familiar with the...

Chrysler CEO Nardelli: Your Car Should Be Your Favorite Room In Your House

New York Times | Micheline Maynard | Posted 05.25.2011 | Business

Robert L. Nardelli, the new Chrysler chief executive, has tried hard to sound like a "car guy" from the moment he landed in Detroit. He boasted at his...