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Automotive

Chrysler and Fiat Finalize Deal: Chrysler and Fiat Alliance Cleared by U.S. Supreme Court
Jun 10, 2009 Ξ

Chrysler and Fiat Finalize Deal: Chrysler and Fiat Alliance Cleared by U.S. Supreme Court

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Today the Supreme Court cleared the sale of Chrysler LLC to the Italian Fiat S.p.A led group. The sale was closed this morning, as the New York Times reported, confirming  Full Article »

Automotive

Chrysler Will Shut-Down 789 Dealerships by June 9th
May 14, 2009 Ξ

Chrysler Will Shut-Down 789 Dealerships by June 9th

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It is a gloomy day for many Chrysler Dodge Jeep dealerships around the U.S. today! DETROIT — Chrysler LLC notified its U.S. retailers today about its plans to shut down  Full Article »

Automotive

What Does The Chrysler Bankruptcy Mean? w/Poll
May 1, 2009 Ξ

What Does The Chrysler Bankruptcy Mean? w/Poll

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Are you wondering what will happen to Chrysler after Chapter 11 Bankruptcy? If you have not heard already or you live under a rock, Chrysler has filed for bankruptcy and  Full Article »

Automotive

Obama Says U.S. Will Guarantee GM, Chrysler Warranties
Mar 30, 2009 Ξ

Obama Says U.S. Will Guarantee GM, Chrysler Warranties

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Today is my “what to do in case of Automotive Industry emergency” news day. All of the major news networks are steadily reporting today updates of the Obama administration’s plans  Full Article »

Automotive

President Bush Readies $17.4 Billion Auto Industry Bailout Package
Dec 19, 2008 Ξ

President Bush Readies $17.4 Billion Auto Industry Bailout Package

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The back and forth of the Big 3 Bailout talk has come to a head. Bush today has signed the $17.4 billion auto industry bailout package to rescue mainly GM  Full Article »

Automotive

Big 3 Auto Bailout Rejected in Senate
Dec 12, 2008 Ξ

Big 3 Auto Bailout Rejected in Senate

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Late Thursday the U.S. Senate rejected the emergency bailout bill that would have provided upwards of $14 Billion to the Big 3 Detroit automakers. Many were hopeful of that was  Full Article »

Automotive

Breaking: It is Official – U.S. House Passes Big 3 Automakers Bailout Package of $14B
Dec 10, 2008 Ξ

Breaking: It is Official – U.S. House Passes Big 3 Automakers Bailout Package of $14B

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The Bailout for the Big 3 Automakers has made it through the U.S. House totaling $14 Billion. Not quite the original amounts of $25 Billion or even the $34 Billion  Full Article »

Automotive

Big 3 Automakers May Get $15B Bailout
Dec 8, 2008 Ξ

Big 3 Automakers May Get $15B Bailout

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It seems to be “very likely” that congress will reach a deal to loan the big 3 automakers a total of $15 Billion. That figure is much less than the  Full Article »

Automotive

Work For $1 a year: Ford CEO Offers to work for $1
Dec 2, 2008 Ξ

Work For $1 a year: Ford CEO Offers to work for $1

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President and CEO of the Ford Motor Co., Alan Mulally, says he will work for $1 a year if they have to take from the government loan money. In addition,  Full Article »

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