GM and Chrysler file viability plans
GERMANY: Chrysler stake available to anyone – Daimler
Daimler is open to any third party interested in its 19.9% Chrysler stake, the carmaker's finance director told a German…
SWEDEN: State will guarantee half Saab aid
The Swedish government can guarantee a European Investment Bank loan to General Motors unit Saab if a new owner that…
GERMANY: Government will help Opel – paper
The German government was set to give Opel credit to survive the global slump and financial distress at parent General…
CANADA: Automaker aid needs more talks
General Motors' Canadian unit is on the right track as far as its restructuring plan is concerned, but serious discussions…
US: GM will survive, suppliers will halve
General Motors will survive the current auto industry downturn without having to file for bankruptcy, but the number of auto…
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US: That b-word just won’t go away
General Motors and Chrysler should soon overcome a major hurdle in meeting the terms of emergency government loans, but analysts…
CHINA: Beijing Auto denies Chrysler talks
Beijing Automotive Industry on Monday said it had not talked with Chrysler about buying assets or technology. The Chinese Business…
SWEDEN: Saab to be independent again
Saab is to reorganise under a Swedish court process to become independent, sustainable and “suitable for investment” but stressed it…
SWEDEN: Saab lost $340m in 2008
General Motors' Saab estimated that it made a loss of around SKR3bn crowns (US$340m) last year and would post a…
ANALYSIS: Opel and Saab face difficult choices
Opel and Saab may be mulling an independent future, but there are huge problems with either staying part of GM…