Chrysler Launches New Incentives
6 May 2009, 14:32 UTC · By: Daniel Patrascu / Aware that, if the stock of cars it now holds doesn't start growing thin they may be in for an unpleasant surprise when exiting bankruptcy, Chrysler has set up a series of incentives meant on b...
Next Chrysler CEO Won't Get More Than $500,000 a Year
6 May 2009, 13:13 UTC · By: Bogdan Popa / After the United States government has severely criticized officials of both General Motors and Chrysler for the big salaries they got while working within the two companies, the next Chrysler CEO w...
Chrysler Unlikely to Repay Government Loans
6 May 2009, 12:38 UTC · By: Bogdan Popa / An interesting story, related to the same over-discussed bankruptcy filing of Chrysler, saw daylight today, this time pointing to a subject we all think about, but only a few had the guts to tackle ...
Saab Would Welcome Fiat
6 May 2009, 12:20 UTC · By: Daniel Patrascu / There's something rotten in the kingdom of Saab...If you are following the story, then you know that the Swedish manufacturer, "thanks" to its leadership, has become a kind of Comical...
GM-NADA Standoff
6 May 2009, 12:17 UTC · By: Daniel Patrascu / As was announced in the past weeks, General Motors has begun notifying 2,600 of its dealers that they will soon become obsolete for the company's future plans. The notifying will take GM all su...
Fiat 500, Alfa Romeo MiTo, Milano 940 Go to the US
6 May 2009, 11:21 UTC · By: Bogdan Popa / Just as we told you a long time ago, Fiat plans to use the Chrysler alliance to launch some new products in the United States that could expand the company's coverage in this unexplored region....
2010 BMW 5 Series GT to Be Released This Year
6 May 2009, 10:06 UTC · By: Daniel Patrascu / Intentionally or not, German manufacturer BMW has confirmed in a release of the group's financial results for the first quarter of 2009, the fate of some of their future models. Particularly, w...
Chrysler's Non-US Assets Still on the Safe Side
6 May 2009, 08:45 UTC · By: Bogdan Popa / Although the company has filed for bankruptcy in the United States, Chrysler insists the assets it owns outside its domestic market are still on the safe side, with no major changes to be announced ...
Chrysler's Official Plant Closure Schedule
6 May 2009, 08:04 UTC · By: Daniel Patrascu / The bankrupt American manufacturer posted today its official reply to the growing rumors regarding plant closures. The official statement of the manufacturer confirms the fact that six of its plants...
Fiat/Opel to Can 18,000 Jobs, Close Ten Plants
6 May 2009, 07:25 UTC · By: Daniel Patrascu / The fact that the Italian manufacturer wants Opel is no longer a secret for some time now. The debate on the subject has now moved to the more human side of the possible merger, as German unions and...
Court Approves Chrysler Bidding Procedures
6 May 2009, 06:56 UTC · By: Daniel Patrascu / Despite the opposition of some of Chrysler's lenders, the Manhattan bankruptcy court approved the company's bidding procedures. This will allow the American manufacturer to step up the sal...
Volkswagen Tries to Temper Fiat
5 May 2009, 15:22 UTC · By: Daniel Patrascu / The tsunami Fiat has stirred with its aggressive moves in the automotive market has managed to raise voices from all over the industry. Following state officials or union leaders, Volkswagen's ...
Fiat Needs Up to 7 Billion Euros to Form Europe's Biggest Automaker
5 May 2009, 15:20 UTC · By: Bogdan Popa / Fiat is slowly but surely becoming one of the world's biggest automakers and, even if it finally formed the over-discussed strategic alliance with Chrysler, it is now aiming to purchase the Ger...
Klaus Franz: Fiat Empire Built with US and German Money
5 May 2009, 15:15 UTC · By: Daniel Patrascu / The workers of Germany's Opel now face a choice, one they themselves have no way of making. The options presented to them by those who speak, supposedly, for their interests, are only two: Fiat...
Germany and the Story of the 14 Conditions for State Loans
5 May 2009, 14:04 UTC · By: Bogdan Popa / Opel has longly been in the spotlight, mostly due to its financial instability which led to a bunch of rumors claiming GM Europe, the mother company, is aiming to get rid of the German unit. It appe...
Fiat-Opel-Saab, a Threesome Made in Heaven...
5 May 2009, 13:47 UTC · By: Daniel Patrascu / Sergio Marchionne, Fiat's CEO supposedly called the Opel deal on Monday as being a "marriage made in Heaven", according to AFP. We would call it a threesome, given that recent rumors...
The New Chrysler Ad
5 May 2009, 12:40 UTC · By: Daniel Patrascu / As we told you yesterday, Chrysler's bankruptcy has spawned a new advertising campaign for the American manufacturer. Handled by BBDO Detroit, the campaign is centered around the "We'...
Chrysler's 2010 and 2011 Models in Doubt Due to Chapter 11
5 May 2009, 12:36 UTC · By: Bogdan Popa / Chrysler's recently-confirmed filing for Chapter 11 might also influence the company's short-term plans as 2010 and 2011 models might be delayed, Chrysler manufacturing chief Frank Ewasysh...
GM Receives C$500 Million Loan in Canada
5 May 2009, 10:45 UTC · By: Bogdan Popa / General Motors has just made another step towards its restructuring plan in Canada with the help of Export Development Canada, who agreed to provide up to C$500 million to the American automaker. Ho...
Chrysler Dealers' Armageddon
5 May 2009, 10:15 UTC · By: Daniel Patrascu / Even if Chrysler seems to live in a soap bubble and tries, with the aid of advertising agency BBDO Detroit to convince us that "it's business as usual", the reality of their bankruptc...