Chrysler to enter Chapter 11
US: LaSorda quits Chrysler
Chrysler vice-chairman and president Tom LaSorda last week retired with immediate effect, the automaker said in a statement. He had…
US: More supplier bankruptcies seen after Chrysler fall
Chrysler's Chapter 11 bankruptcy protection announcement last week may cause more supplier bankruptcies and will continue to drag down the…
ITALY: Italian government welcomes Chrysler-Fiat deal
Italian Industry Minister Claudio Scajola has welcomed news of a deal between Chrysler LLC and Fiat, saying he would work…
US: Chrysler shutdown hits suppliers
Already financially stressed North American suppliers are feeling more pressure now that Chrysler has said it will temporarily idle much…
US: S&P mulls supplier ratings
Standard & Poor's has said it may cut ratings on six North American auto suppliers after Chrysler's bankruptcy filing. The…
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US: GMAC to provide Chrysler finance
GMAC Financial Services has announced that it has entered into an agreement with Chrysler LLC to provide automotive financing products…
US: Chrysler to file for Chapter 11
President Obama has confirmed that Chrysler is to enter Chapter 11 bankruptcy protection after failing to persuade its main lenders to…
US: Nardelli to step down as Chrysler CEO
Chrysler LLC Chairman and CEO Bob Nardelli has said he will step down as head of the company after it…
US: Chrysler on Ch 11 brink
Chrysler is on the brink of filing for Chapter 11 today as reports in the US suggest that debt negotiations with…
GOLDING’S TAKE: Marchionne’s coded messages on European car plant closures
Something very important is going on. Europe knows it needs to do an Obama on its car industry, but the…