Chrysler Vultures May Win Too
So here's what is next: Chrysler's hedge funds will make money on the deal because the courts will award something.
So here's what is next: Chrysler's hedge funds will make money on the deal because the courts will award something.
AP | TOM KRISHER and BEN FELLER | Posted 05.30.2009 | Business
DETROIT — President Barack Obama said he is "very hopeful" that deals can be worked out to keep Chrysler a viable automaker, as negotiations wit...
money.cnn.com | Posted 05.24.2009 | Business
Marchionne, who will present Fiat's first-quarter results Thursday, has just eight days to nail a revised pact with Chrysler and its Cerberus Capital ...
AP | Posted 05.24.2009 | Business
FRANKFURT — Italian car company Fiat SpA and Canadian car parts maker Magna International Inc. are both interested in a stake of German carmaker...
Eric Ehrmann | Posted 05.22.2009 | Green
Brazil's sustainable energy dividend is the result of generations of trust and cooperation between a strong federal government, parastatal companies and global businesses who have developed the knack of working with them.
AP | TOM KRISHER and COLLEEN BARRY | Posted 05.16.2009 | Business
DETROIT — With just 15 days left before the U.S. government pulls the plug on Chrysler, the only man who appears able to save the struggling aut...
AP | Posted 05.09.2009 | Business
NEW YORK — Chrysler President and Vice Chairman Jim Press said Wednesday the government's May 1 deadline for the automaker to complete a deal wi...
Andy Borowitz | Posted 03.31.2009 | Politics
Chief of Staff Rahm Emanuel said that all Cabinet members were taking turns running the dealership, and that Vice-President Joe Biden was manning the customer service hotline.
Steve Parker | Posted 04.18.2009 | Business
Congress could throw hundreds of billions at GM, Ford and Chrysler -- but how could the results be any different from what we see now?'
Matthew DeBord | Posted 04.09.2009 | Green
Being Americans, we long for high-tech silver bullet solutions to our sustainability problems, but the gas-burning Indian version, the Nano is a model of transport simplified.
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 ...
Steve Parker | Posted 03.21.2009 | Business
Incidentally, GM got another $4 billion Tuesday after turning in their plan. Were you ever rewarded that much just for doing your homework?
Steve Parker | Posted 03.06.2009 | Business
Until the travel business picks up and businesses in general start replacing their vehicle fleets, Detroit will be outside looking in.
Matthew DeBord | Posted 02.23.2009 | Business
There have been rumblings about Americans being able to buy Fiats and Afla Romeos in Chrysler dealerships, but there've also been reports that Fiats and Alfas being rebadged as Chryslers.
AP | ARIEL DAVID | Posted 02.20.2009 | Business
ROME — Fiat and Chrysler said Tuesday they have agreed to form a strategic alliance that would give the Italian auto empire a 35-percent stake i...
Diane Francis | Posted 11.30.2008 | Business
The de facto Depression underway worldwide will trigger consolidations. Strong will eat weak; cash-rich will eat debt-laden and consumer spending will shrink along with economies.
Diane Francis | Posted 05.31.2009 | Business