NEW YORK/TORONTO, Dec 7 (By Paritosh Bansal and Cameron French) - Toronto-Dominion Bank is in talks to buy lender Chrysler Financial from private e...
Josh Sugarmann | Posted 05.25.2011
When is a "combat rifle" for the U.S. civilian gun market too combat-y? When it fires like a full-auto machine gun. That's the problem Bushmaster now faces with its new Adaptive Combat Rifle
David Spencer Seconi | Posted 05.25.2011
When pension funds are caught up in scandals, it is not the embarrassment of the funds that should be making headline news, but rather the fact that they are playing with future security of millions of workers.
Josh Sugarmann | Posted 05.25.2011
A "family" of gun companies collectively known as The Freedom Group has just filed new documents with the SEC, in anticipation of its IPO.
Steve Parker | Posted 05.25.2011
The Harvard MBAs in the auto executive suites wouldn't know a good car if they got run over by one. And ultimately it's the cars which are going to save GM and Chrysler.
bloomberg.com | Jonathan D. Salant and Justin Blum | Posted 05.25.2011
May 28 (Bloomberg) -- Steven Rattner, the Obama administration adviser trying to orchestrate a rescue of the U.S. auto industry, has a net worth of at...
Steve Parker | Posted 05.25.2011
Obama talked his usual great game of absolute confidence at the end of his announcement this morning, telling the country, "If you're going to buy a new car, buy an American car."
New York Times | LOUISE STORY | Posted 05.25.2011
For Stephen A. Feinberg, the long road back from the most disastrous investment of his career -- Chrysler L.L.C. -- began last week around a polished ...
Steve Parker | Posted 05.25.2011
Until the travel business picks up and businesses in general start replacing their vehicle fleets, Detroit will be outside looking in.
Dennis O'Brien | Posted 05.25.2011
As a completely unregulated private equity partnership, Cerberus has no public reporting requirements. In fact, they are now refusing to disclose their finances even after the bailout.
Steve Parker | Posted 05.25.2011
And now, it's on to the Senate! The House today passed, 237 to 170, HR 7321, the automotive loan bailout bill, and has sent it on to the Senate. H...
Steve Parker | Posted 05.25.2011
Most Americans think you have brought this disaster upon yourselves, with inferior, irrelevant products the past 35 years.
Amy Ephron | Posted 05.25.2011
I know that 600,000 jobs hang in the balance over the auto industry bailout, but wait, I have a solution. Why don't we convert the factories to alternative energy sector plants?
Steve Parker | Posted 05.25.2011
Almost shockingly, I agree with Alabama Sen. Shelby for his warning that this $15 billion is just the "down payment" on the amounts of cash Detroit really needs, and they may all fail, anyway.
Steve Parker | Posted 05.25.2011
Yesterday we posted our analysis of the much-hyped GM/Chrysler merger, quoting sources which said as many as 70,000 Americans would be thrown out of w...
Steve Parker | Posted 05.25.2011
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.
Steve Parker | Posted 05.25.2011
Whew! I thought Cerberus might really be in over their heads with their purchase of Chrysler from Daimler. Now that we know Dan Quayle is on the front lines, though, we can sleep a little sounder this evening.
Steve Parker | Posted 05.25.2011
Chrysler's CEO, Robert Nardelli, who has been running the company for just 14 months, fears the collapse of an "extremely fragile" auto industry amid ...
Steve Parker | Posted 05.25.2011
If the Detroit Three were to merge into one company, ownership shared with the American people, it could benefit everyone; the carmakers, their dealers and their customers
Steve Parker | Posted 05.25.2011
Three major events involving the world of cars, politics and finance, both in the US and abroad. First, Automotive News reports, "Automakers and supp...
ABC News | Maddy Sauer | Posted 05.25.2011
ABC News reported late Wednesday that hedge fund giant Cerberus Capital Management has ended talks to purchase controversial security firm Blackwater ...
Business Week | David Welch | Posted 05.25.2011
As a name, Renault-Nissan-Chrysler goes together like chardonnay, sushi, and barbecue. Could such a business tieup be in the works? Nissan Motor (NSA...
Posted 05.25.2011