Obama taskforce deadlines loom
US: GM axing Pontiac, dealers, extra plant
General Motors on Monday confirmed it would axe Pontiac and focus on just four core brands in the US -…
US: Pontiac for the chop in ‘faster, deeper’ GM reorganisation
General Motors is expected to announce the death of Pontiac later today. The closure of the brand once renowned for…
US: Chrysler does union deals; bondholders next
The United Auto Workers has reached agreement with Chrysler, Fiat and the US government on concessions to its 2007 contract…
CANADA: CAW union members ratify new Chrysler deal
Thousands of Canadian Auto Workers (CAW) members at Chrysler facilities in Brampton, Windsor and Etobicoke have voted in favour of…
US [updated 13:40BST]: Government readies for Chrysler bankruptcy – reports
The US government is getting ready for a Chrysler Chapter 11 bankruptcy filing, US media reported last night. Sources told…
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THE WEEK THAT WAS: Q1s and Chapter 11 talk
This week's news highlights can be easily summarised: Q1 results (including Ford's better than expected numbers out today), Chrysler, Fiat,…
US: GM cuts summer output at 13 plants
General Motors last night confirmed it is scheduling “multiple down weeks” at 13 assembly plants in North America, taking out…
US: Chrysler talks continue as deadline looms
Chrysler is racing to agree a viable restructure with creditors, Fiat, the US Treasury and other stakeholders with just a…