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Chrysler Bankruptcy

All Bankruptcies Are Not Created Equal

Jacob Adlerstein | Posted 12.19.2012 | Business
Jacob Adlerstein

Regardless of your view on who got it right, it is unquestionable that the candidates would have steered GM and Chrysler down dramatically different paths.

Chrysler Will Soon Sever Ties With U.S. Government

AP | DEE-ANN DURBIN | Posted 08.02.2011 | Business

DETROIT — Chrysler Group LLC, newly profitable and confident in its revamped products, will soon sever its ties with the U.S. government after m...

Inspector General Criticizes Treasury's Role In GM, Chryslsr Dealer Closures

AP/Huffington Post | Posted 05.25.2011 | Business

A government watchdog is criticizing the Treasury Department for urging General Motors and Chrysler to quickly reduce the size of their dealership net...

Why the GM and Chrysler Bankruptcies Foreshadow Big Problems for the Gulf Cleanup

Christopher Weber | Posted 05.25.2011 | Green
Christopher Weber

When it comes to the all-important question of who pays, a bankrupt BP may quickly start to resemble GM and Chrysler, which have been criticized for insufficiently funding their cleanup obligations.

Chrysler's PT Cruiser Symbolized The Company's Fall

AP | DEE-ANN DURBIN | Posted 05.25.2011 | Business

DETROIT — A decade ago, the PT Cruiser roared onto the road with trendsetting looks and Al Capone swagger. In a sea of bland Honda Civics and To...

Toyota Recalls Time When You Were So Happy Together

Rip Empson | Posted 05.25.2011 | Comedy
Rip Empson

In related news, Felicia Thurgood of New Salem has announced that she will be recalling her 16-year-old son, Derek, who recently failed out of his third high school.

Auto Giants Reposition Globally

Diane Francis | Posted 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 Should Repay US Loans Fast

AP | TOM KRISHER | Posted 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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...

Arthur Delaney

Fiat Would Have Assumed Victims' Lawsuits Against Chrysler

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | 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...

June 8 2009: news update

Richard Valeriani | Posted 05.25.2011 | 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.

Commerce Secretary Locke: Rail Can Revive Auto Industry

Susan J. Demas | Posted 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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.

Chrysler Bankruptcy Lawyers Reap Fees Illegally: Study

Bloomberg | Linda Sandler and Christopher Scinta | Posted 05.25.2011 | 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...

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

nytimes.com | Posted 05.25.2011 | Business

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