Chrysler Bailout

Cash For Clunkers: Chrysler Campaign Offers More Than Government

News | Jean Halliday | Posted 08.22.2009 | Business


DETROIT (AdAge.com) -- How much is your old car worth? Chrysler Group thinks up to $9,000. As part of a new incentive program tied to Uncle Sam's upc...

Chrysler Financial Pays Off $1.5B In TARP Loans

AP | Posted 08.14.2009 | Business


FARMINGTON HILLS, Mich. — Chrysler Financial, the former financing arm of automaker Chrysler LLC, said Tuesday that it has repaid in full its $1...

Iacocca: GM, Chrysler Need To Repay U.S. Loans Fast

AP | TOM KRISHER | Posted 07.23.2009 | Business


DETROIT — Former Chrysler CEO Lee Iacocca has some advice for the people who are running his old company, and those who will lead the new Genera...

Chrysler Dealers: Closing Day Arrives

The Huffington Post | Ryan McCarthy | Posted 07.10.2009 | Business


It's a sad week for hundreds of Chrysler dealers across the country. As the Detroit automaker's bankruptcy process unfolds, dealerships will be either...

Pohanka Chrysler Dodge One Of Many Dealerships Forced To Sell Entire Inventory

cnn.com | Dugald McConnell CNN's | Posted 07.04.2009 | Home


The affected dealerships are not only furiously trying to sell off their inventory; at the same time, they are trying to figure out what they will do ...

Chrysler President James Press's $15.7M Townhouse

The New York Observer | Max Abelson | Posted 07.02.2009 | Business


This week, Mr. Press' townhouse at 178 East 64th Street went on the market for $15.7 million--or $35,000 per month. "It wasn't appropriate. He bought ...

Chrysler Bankruptcy: Lee Iacocca Losing Pension, Car

Yahoo! News | Emily Chasan | Posted 06.29.2009 | Business


NEW YORK (Reuters) -- Lee Iacocca, the car executive credited with saving Chrysler from bankruptcy in the 1980s, is to lose a big chunk of his pension...

Welch Criticizes Obama On Chrysler Bankruptcy

bloomberg.com | Tom Moroney | Posted 06.20.2009 | Business


May 20 (Bloomberg) -- Jack Welch, former chief executive officer of General Electric Co., criticized the government- backed bankruptcy of Chrysler LLC...

Obama Halves Chrysler's Marketing Budget

Ad Age | Jean Halliday | Posted 06.13.2009 | Business


DETROIT (AdAge.com) -- Chrysler wanted to spend $134 million in advertising over the nine weeks it's expected to be in bankruptcy -- the U.S. Treasury...

Auto Industry Teammates

Dan Dubno | Posted 06.10.2009 | Business


Dan Dubno

We all know that the car occupies a central position in our way of life, yet aside from adding DVD players and coffee cup holders, we've done little to integrate ideas from the rest of our society.

Chrysler Won't Repay Bailout Funds

CNN Money | Chris Isidore | Posted 06.05.2009 | Business


NEW YORK (CNNMoney.com) -- Chrysler LLC will not repay U.S. taxpayers more than $7 billion in bailout money it received earlier this year and as part ...

Jason Linkins

Colbert Satirizes "Too Big To Fail" Bailouts (VIDEO)

HuffingtonPost.com | Jason Linkins | Posted 06.05.2009 | Comedy


The Colbert Report satirically mined the notion of "too big to fail" last night with a spot-on infomercial from fictitious corporate sponsor, The Pres...

Outsourcing Top Management: The Lesson of Fiat-Chrysler

Dean Baker | Posted 06.04.2009 | Business


Dean Baker

The economists and the media somehow failed to notice that professionals were intentionally sheltered from international competition and instead just trumpeted them as the winners in the global economy.

Chrysler Is Kaput

Sheldon Filger | Posted 06.03.2009 | Business


Sheldon Filger

In just over half a century, how did Chrysler, and the wider domestic automobile industry, traverse the road from riches to ruin?

Detroit: From Socialism to Capitalism

Diane Francis | Posted 06.03.2009 | Business


Diane Francis

There are many ironies in the Detroit saga, but most striking is the fact that state "socialism" may finally turn North America's car industry players into capitalists.

Chrysler, GM Getting Billions More In Gov Bailout Funds

AP | Posted 05.22.2009 | Business


DETROIT — General Motors Corp. could get as much as $5 billion more in federal loans, while Chrysler LLC could get $500 million as they race aga...

Chrysler Refused Loan Over Limits on Executive Pay

washingtonpost.com | David Cho and Peter Whoriskey | Posted 05.21.2009 | Business


Top officials at Chrysler Financial turned away a $750 million government loan because executives didn't want to abide by new federal limits on pay, s...

Is the U.S. Auto Industry Doomed?

Sheldon Filger | Posted 05.04.2009 | Business


Sheldon Filger

At most, the Obama plan for preserving a domestic US auto industry may preserve fragments and echoes of what was once the mightiest industrial productive capacity on the planet.

The Double-Standardization Of Double Standards

Stuart Whatley | Posted 05.02.2009 | Politics


Stuart Whatley

Surely there is nothing new about double standards in business and finance, especially in the current crisis. In fact, there may even be a rising double standard for what constitutes a double standard.

One Man's Car Shows Why Aid to the Automakers Must Include a Commitment to Fuel Efficiency

Mitchell Bard | Posted 05.01.2009 | Green


Mitchell Bard

By forcing General Motors and Chrysler to shift focus to a future of fuel-efficient vehicles, all of the concerns can be addressed. The automakers can be saved.

Detroit: Obama Gets it Right

Philip G. Baker | Posted 05.01.2009 | Business


Philip G. Baker

Customers want to have a relationship with a company they can take pride in. Are you proud of companies that fight mileage standards and who opposed every safety innovation since seatbelts?

Chrysler's Ron Kolka: GM Riskier For Taxpayers

Bloomberg | Mike Ramsey | Posted 04.19.2009 | Business


March 19 (Bloomberg) -- Chrysler LLC, seeking $5 billion in additional U.S. loans, is in a better position to deal with the recession and is a safer i...

Fiat CEO Marchionne's Chrysler Rescue Offer

AP | KEN THOMAS | Posted 04.05.2009 | Business


WASHINGTON — The Obama administration's auto industry task force met Thursday with representatives of General Motors' bondholders and the chief ...

U.S. Pressed To Add Billions To Bailouts

nytimes.com | EDMUND L. ANDREWS, ANDREW ROSS SORKIN and MARY WILLIAMS WALSH | Posted 03.26.2009 | Business


The government faced mounting pressure on Monday to put billions more in some of the nation's biggest banks, two of the biggest automakers and the big...

Chrysler Restructuring Plan: Asks Government For $5 Billion More In Loans

AP | DAN STRUMPF | Posted 03.20.2009 | Business


NEW YORK — Chrysler LLC said it needs $9 billion of total government financing and it plans to cut 3,000 jobs and eliminate three vehicle models...