30 Apr 2009, 15:21 UTC · By: Daniel Patrascu / The approaching announcement of the first Detroit Three giant to file for bankruptcy has already placed additional pressure on the international markets. Whereas the effects will be more visible tom...
30 Apr 2009, 14:45 UTC · By: Daniel Patrascu / Contradictory news about the future of Chrysler have surfaced throughout the day, yet, as we reported one hour ago, one thing seems to be certain. Chrysler will seek Chapter 11 protection, after fai...
30 Apr 2009, 13:10 UTC · By: Daniel Patrascu / The struggle of American manufacturer Chrysler seems to be over, as Corriere della Sera announced it has reached an agreement with Fiat regarding their future together. Although yet unconfirmed, the...
30 Apr 2009, 12:13 UTC · By: Daniel Patrascu / With bankruptcy becoming more and more of a certainty, mostly because of the hedge funds which did not agree with the $2 billion in cash swap for a $6.9 billion debt, Chrysler's swan song draws...
30 Apr 2009, 10:15 UTC · By: Tudor Raiciu / While GM and Chrysler are in limbo over the Chapter 11 bankruptcy law, President Barack Obama yesterday expressed his growing optimism concerning the two US carmakers. Apparently, his sudden mor...
30 Apr 2009, 09:08 UTC · By: Daniel Patrascu / As the doomsday hour draws even closer for American manufacturer Chrysler, reports start poring in, some bringing good and some bringing bad news. After we reported earlier today that the signing of...
30 Apr 2009, 08:56 UTC · By: Alina Dumitrache / Chrysler and its supplier VM Motori S.p.A. (a diesel engine manufacturing company located in Cento, Italy) have donated two Jeep vehicles to the Italian Civil Protection Department, in order to supp...
30 Apr 2009, 06:55 UTC · By: Daniel Patrascu / Awaiting today's decision regarding its future along side Fiat, Chrysler managed to ratify it's restructuring contract with the UAW. 82 percent of production workers, 80 percent of the ski...
29 Apr 2009, 14:21 UTC · By: Bogdan Popa / Only one day left until we'll finally find out whether Fiat and Chrysler will finally join their forces for one the largest strategic alliances in automotive industry or continue on their own. ...
29 Apr 2009, 13:37 UTC · By: Bogdan Popa / Fiat's CEO Sergio Marchionne already sees Chrysler filing for Chapter 11, the president of the Canadian Auto Workers told Autonews paraphrasing the Italian official. Ken Lewenza was extremely c...
29 Apr 2009, 08:09 UTC · By: Daniel Patrascu / After receiving yesterday a much needed brake from one of the most unlikely sources (we are talking here about Daimler's exit from the American manufacturer), Chrysler made yet another importan...
28 Apr 2009, 15:38 UTC · By: Daniel Patrascu / As we reported earlier today, German manufacturer Daimler announced it will give up its 19.9 percent stake in Chrysler. Even if the reason why the Germans chose to do this is yet unclear, the move i...
28 Apr 2009, 12:12 UTC · By: Daniel Patrascu / After late last night UAW local chiefs approved, unanimously, the labor concessions proposed by Chrysler (the cutting of cash payments to a retiree fund), rumors surfaced today that the UAW agreed t...
28 Apr 2009, 07:25 UTC · By: Bogdan Popa / Daimler AG today announced that it has decided to unload its stake in Chrysler and erase all debts, "which were already written off in the 2008 financial statements". Furthermore, the Germ...
27 Apr 2009, 14:57 UTC · By: Alex Oagana / ... Before the April 25-26 weekend came to an end, there was an increasing wave – or should I say tsunami? - of media reports concerning the completely inevitable Chapter 11 reorganization of ...
27 Apr 2009, 10:02 UTC · By: Bogdan Popa / Even if recent media reports are hinting that Chapter 11 is imminent for Chrysler, Fiat is apparently still aiming to complete the strategic alliance it announced in mid-January, an insider told Aut...
27 Apr 2009, 08:18 UTC · By: Bogdan Popa / The United States Treasury department agreed to direct up to $2 billion in state loans to General Motors, the American car manufacturer who is likely to get up to $5 billion in government funds, acc...
27 Apr 2009, 07:07 UTC · By: Bogdan Popa / Chrysler today announced that members of the Canadian Auto Workers (CAW) union have finally voted to ratify the contract, following the tentative agreement reached this weekend by the two sides. ...
26 Apr 2009, 17:13 UTC · By: Daniel Patrascu / After US automakers GM and Chrysler announced at the beginning of this year their intention to cut off a significant percent of the marketing budget, the two companies finally got to this part of th...
26 Apr 2009, 10:30 UTC · By: Bogdan Popa / Although recent media reports claim bankruptcy is imminent for the American car giant Chrysler, the automaker yesterday announced it has made another step towards government funds by reaching a tent...