AIG v. Detroit - Renegotiating Contracts
Congress could throw hundreds of billions at GM, Ford and Chrysler -- but how could the results be any different from what we see now?'
Congress could throw hundreds of billions at GM, Ford and Chrysler -- but how could the results be any different from what we see now?'
Steve Parker | Posted 03.16.2009 | Business
The bill passed by Congress yesterday throws a one-two punch at our auto industry and consumers.
Steve Parker | Posted 02.15.2009 | Business
America is the world's biggest automotive market, yet offers very little in the way of independent analysis and car, truck or motorcycle testing.
Steve Parker | Posted 01.19.2009 | Business
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.
Steve Parker | Posted 01.09.2009 | Business
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?
Steve Parker | Posted 01.02.2009 | Business
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.
Steve Parker | Posted 11.29.2008 | Business
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.
New York Times | Nick Bunkley | Posted 11.24.2008 | 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...
AP | TOM KRISHER | Posted 11.16.2008 | 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...
CNBC | Posted 10.31.2008 | Business
Chrysler Chief Robert Nardelli visited with Michael Eisner on CNBC's "Conversations With Michael Eisner" to talk about futuristic cars, hybrids, the f...
Steve Parker | Posted 09.27.2008 | Business
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.
Steve Parker | Posted 07.23.2008 | Business
That the Detroit Three have to build cars and trucks which make sense now and in the future, and which Americans want to buy.
BusinessWeek | Alex Taylor III | Posted 03.28.2008 | 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...
Wall Street Journal | JOSEE VALCOURT | Posted 03.28.2008 | 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...
New York Times | Micheline Maynard | Posted 03.28.2008 | 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...
Steve Parker | Posted 04.18.2009 | Business