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…

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…