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Stories about: bankruptcy

Chrysler's Non-US Assets Still on the Safe Side
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 ...

 
Court Approves Chrysler Bidding Procedures
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...

 
The New Chrysler Ad
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 Dealers' Armageddon
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...

 
Chrysler Gets Loan Approval, Lenders Get Death Threats
Chrysler Gets Loan Approval, Lenders Get Death Threats

5 May 2009, 07:13 UTC · By: Daniel Patrascu / Chrysler has made an important step under bankruptcy protection as it received the court's approval to access a $4.5 billion loan to help it ease up the pressure. The good news followed yesterd...

 
GM Supports Obama in Chrysler Bankruptcy Saga
GM Supports Obama in Chrysler Bankruptcy Saga

4 May 2009, 10:16 UTC · By: Bogdan Popa / General Motors is fully confident that President Obama's decision to send Chrysler into Chapter 11 will help the American auto industry, the company said in a statement for the press, emphasizi...

 
Chrysler's Denial Stage, Powered by BBDO
Chrysler's Denial Stage, Powered by BBDO

4 May 2009, 09:55 UTC · By: Daniel Patrascu / Who says that when under bankruptcy, you should not advertise your business? So what if it failed miserably and it required a foreign hand to step in and pull it from the abyss (apart from the billi...

 
Ford: Chrysler's Bankruptcy Does Not Affect Us
Ford: Chrysler's Bankruptcy Does Not Affect Us

4 May 2009, 08:45 UTC · By: Bogdan Popa / Following the official announcement that Chrysler is filing for bankruptcy in the United States, Ford quickly came out to calm down its employees and clearly state that such an important move does n...

 
Chrysler to Sell Assets to Fiat, Close Plants
Chrysler to Sell Assets to Fiat, Close Plants

3 May 2009, 16:42 UTC · By: Daniel Patrascu / As a result of Thursday’s bankruptcy filling, the American manufacturer is said to plan the sale of most of its assets to their new partner, Fiat. In addition, the Michigan-based company unvei...

 
Fiat: We Want Opel
Fiat: We Want Opel

3 May 2009, 16:35 UTC · By: Daniel Patrascu / As you already know by now, the Italian manufacturer has already signed for the takeover of a 20 percent stake in bankrupt American manufacturer Chrysler, and even is supposed to take over the compa...

 
Confirmed: Chrysler Files for Bankruptcy, Nardelli Will Leave
Confirmed: Chrysler Files for Bankruptcy, Nardelli Will Leave

30 Apr 2009, 18:34 UTC · By: Daniel Patrascu / This news no longer comes as a surprise, as reports claiming that the US manufacturer will enter Chapter 11 have been with us throughout the day. Finally, they have been concluded with the confirmat...

 
Opinions: Chrysler Bankruptcy
Opinions: Chrysler Bankruptcy

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...

 
Update: Chrysler to Go Into Bankruptcy
Update: Chrysler to Go Into Bankruptcy

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...

 
Fiat-Chrysler Are One, Chapter 11 Will Follow
Fiat-Chrysler Are One, Chapter 11 Will Follow

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...

 
US Rallies for Chrysler
US Rallies for Chrysler

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...

 
Chrysler-Lenders Meeting Goes South
Chrysler-Lenders Meeting Goes South

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...

 
Fiat Vice Chairman Confirms Chrysler Deal Decided Thursday Evening
Fiat Vice Chairman Confirms Chrysler Deal Decided Thursday Evening

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. ...

 
Fiat's Marchionne Forecasts Chrysler Bankruptcy
Fiat's Marchionne Forecasts Chrysler Bankruptcy

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...

 
Chrysler Swaps Debt for Cash
Chrysler Swaps Debt for Cash

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...

 
GM's Bankruptcy, Attorneys' Heaven
GM's Bankruptcy, Attorneys' Heaven

29 Apr 2009, 07:17 UTC · By: Daniel Patrascu / How do you call a bunch of dead lawyers on the bottom of the ocean? A good start...Ok, that's perhaps one of the worst lawyer jokes out there. But it's about what the American taxpayers wi...