Chrysler Bankruptcy

Auto Giants Reposition Globally

Diane Francis | Posted 08.24.2009 | Business


Diane Francis

Cars are not longer just big business; companies have to build vehicles, but also be able to create multilateral partnerships which include workers, politicians, civil servants and investors.

Obama Auto Task Force Comes Out Against Dealer Plan

AP | Ken Thomas, Associated Press Writer | Posted 08.21.2009 | Business


WASHINGTON (AP) -- The Obama administration urged Congress Tuesday not to intervene in the closings of hundreds of General Motors and Chrysler dealers...

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...

Government Assisted Suicide? GM Goes Bankrupt

Bernie Bulkin | Posted 08.06.2009 | Business


Bernie Bulkin

Shai Agassi's goal to take whole countries and turn them into electric vehicle only countries just might happen.

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...

Arthur Delaney

Chrysler-GM Dealership Owner Gets Choked Up At Hearing (VIDEO)

HuffingtonPost.com | Arthur Delaney | Posted 07.13.2009 | Business


The owner of a soon-to-be closed car dealership got choked up today while speaking out against General Motors' and Chrysler's plans to close hundreds ...

Arthur Delaney

GM Bankruptcy: HuffPost Readers Report The Hurt

HuffingtonPost.com | Arthur Delaney | Posted 07.11.2009 | Business


The Huffington Post asked readers on June 2 to weigh in on how the General Motors bankruptcy would affect their towns and lives. Dozens of residents o...

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...

June 8 2009: news update

Richard Valeriani | Posted 07.09.2009 | Politics


Richard Valeriani

Obama makes first stop on trip in Saudi Arabia, saying he wanted to visit place where "Islam began." Does not mention it's also place where 9/11 began.

Arthur Delaney

Fiat Would Have Assumed Victims' Lawsuits Against Chrysler

HuffingtonPost.com | Arthur Delaney | Posted 07.09.2009 | Business


Jeremy Warriner lost his legs four years ago after his Jeep Wrangler slammed into a utility pole following a collision with a teenage driver. Warriner...

Commerce Secretary Locke: Rail Can Revive Auto Industry

Susan J. Demas | Posted 07.06.2009 | Business


Susan J. Demas

Linking up with rail makes perfect sense for a contracting industry, at a time when environmental and economic factors make expanding public transit a necessity.

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...

Steeped in GM: My Fascination with a Fallen Icon

Jill Schlesinger | Posted 06.29.2009 | Business


Jill Schlesinger

Apparently the story of a mother who staged a fake kidnapping and went to Disney to celebrate was more important than my segment on the GM bankruptcy.

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...

Indiana Pension Fund: Chrysler Sale Illegal, 'Tramples Their Rights'

nakedcapitalism.com | Tyler Durden | Posted 06.20.2009 | Business


In several motions with the Chrysler docket earlier, the Indiana State Teachers Retirement Fund, Indiana State Police Pension Trust, and Indiana Major...

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...

Detroit's Woes Point to Growing Retiree Health Insurance Gap

Mark Miller | Posted 06.12.2009 | Business


Mark Miller

About three-quarters of Medicare beneficiaries have some kind of supplemental policy to help protect against potentially high out-of-pocket costs.

Meet the Chrysler Holdouts: Schultze Asset Management, Oppenheimer, Stairway Capital And Others

nytimes.com | Posted 06.06.2009 | Business


The members include three funds associated with Schultze Asset Management; Stairway Capital Management; Oppenheimer, which holds debt in two funds; Gr...

Chrysler Bankruptcy Lawyers Reap Fees Illegally: Study

Bloomberg | Linda Sandler and Christopher Scinta | Posted 06.06.2009 | Business


May 6 (Bloomberg) -- Bankruptcy lawyers who stand to make as much as $372 million in the reorganization of Chrysler LLC will be doing so illegally, ac...

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 ...

Ryan Grim

Creditors May Have Pushed For Chrysler Bankruptcy To Rake In Bailout Cash

HuffingtonPost.com | Ryan Grim | Posted 06.05.2009 | Business


The White House, auto executives and union representatives were all able to come to an agreement last week to keep Chrysler out of bankruptcy. But the...

Creditors Object To Chrysler Deal

AFP | Posted 06.04.2009 | Business


NEW YORK (AFP) -- A group of Chrysler creditors objected Monday to the struggling automaker's bid for a quick restructuring, calling it an illegal bid...

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?

Chrysler's Fall May Help Obama Administration Reshape GM

New York Times | DAVID E. SANGER and BILL VLASIC | Posted 06.03.2009 | Business


Fresh from pushing Chrysler into bankruptcy, President Obama and his economic team are hoping that the hard line they took last week gives them levera...

Chrysler Expected To Sell Assets To Fiat

AP | BREE FOWLER and VINNEE TONG | Posted 06.02.2009 | Business


NEW YORK — Chrysler LLC is expected to file a motion Saturday to sell substantially all of its assets to Italian automaker Fiat Group SpA, but t...