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August 28, 2008 1:03:03 AM CDT


Stories related to: Chrysler

Stories

Stories 41 - 60 of 61

  • September 2007
    • Historic Deal in Sight for GM and UAW

      Historic Deal in Sight for GM and UAW

      (Newser) - After bogging down for several days, talks between General Motors and the UAW got back on track yesterday as automaker and union reps closed in on a historic agreement to shift health-care costs to a union-controlled trust, the Wall Street Journal reports. The two sides are said to have a greed on how much money GM will put into the trust, and on "triggers" to protect both the UAW and GM in case of spiraling health care costs or a downturn in sales. More »

      Tags

      General Motors   Detroit   Ford   Chrysler   United Auto Workers   automaker

    • GM, UAW Still at the Table

      GM, UAW Still at the Table

      (Newser) - GM is back at the bargaining table with UAW reps today, but  agreement on the billion-dollar issues is not imminent, the AP reports. The UAW is said to be seeking job guarantees at US plants in exchange for agreeing to take over union members' health care liabilities via a trust to be funded in part by GM. Analysts say GM has offered to pay roughly two thirds of the $90 billion needed for health coverage. More »

      Tags

      General Motors   health care   Ford   Chrysler   United Auto Workers   contract   union

    • GM, UAW Talk Past Deadline

      GM, UAW Talk Past Deadline

      (Newser) - The United Auto Workers and General Motors talked four hours past their midnight deadline for contract negotiations before agreeing to resume bargaining later today. They extended talks on an "hour-to-hour" basis on a deal that would include a union-controlled trust to assume GM's $50-billion liability for retiree health care.   More »

      Tags

      auto industry   General Motors   Detroit   Ford   Chrysler   United Auto Workers

    • UAW Targets GM on Contract

      UAW Targets GM on Contract

      (Newser) - The United Auto Workers have chosen General Motors to be the lead company in negotiations on contracts set to expire tonight, adding pressure to strike a deal the UAW will then try to impose on Ford and Chrysler. The union chose GM because it's in the best financial shape of the three,'' an analyst tells Bloomberg. More »

      Tags

      General Motors   health care   Detroit   Ford   Chrysler   United Auto Workers   retirement   Ron Gettelfinger

    • Chrysler Pilfers Toyota's Top US Executive

      Chrysler Pilfers Toyota's Top US Executive

      (Newser) - Toyota North America's president will become the new co-president and vice chairman of Chrysler, the Detroit Free Press reports. Jim Press, the highest-ranking non-Japanese exec in Toyota's history, brings a reputation as a talented manager to Chrysler, which is in the process of transforming into a private company after being sold by Daimler. More »

      Tags

      auto industry   Detroit   Chrysler   Toyota   Robert Nardelli   Tom LaSorda   Jim Press

    • GM Scores With Crossovers

      GM Scores With Crossovers

      (Newser) - In its fierce battle with Asian automakers to reclaim the hearts and keys of American drivers, GM has three reasons to celebrate: the Buick Enclave, GMC Acadia, and Saturn Outlook. The company’s crossover vehicles combine the look of an SUV with the higher fuel economy of a sedan—and more important, the Journal reports, consumers are snatching them up. More »

      Tags

      General Motors   Detroit   car   Ford   Chrysler   Toyota   Honda

  • August 2007
  • July 2007
    • Banks Put Hold on Chrysler Debt Sale

      Banks Put Hold on Chrysler Debt Sale

      (Newser) - Banks yesterday postponed the sale of $12 billion of debt intended to finance the deal that will split off Chrysler from parent DaimlerChrysler. The Journal reports that the holdup is part of a global pinch on the market for corporate debt, and escalating borrowing costs have the potential to slow down a host of high-profile buyouts. More »

      Tags

      Chrysler   Cerberus Capital Management

    • Chrysler Plunges Into China Trade

      Chrysler Plunges Into China Trade

      (Newser) - In a cost-cutting move, Chrysler will introduce cars produced by China's biggest automaker to the US market by late 2009. Chrysler and Chery staged a signing ceremony today in Beijing to allay fears about the American auto giant's new ownership not backing the deal, MarketWatch reports. The first vehicles will hit Latin American and Eastern European markets within a year. More »

      Tags

      auto industry   car   Chrysler   merger   automaker   Chery

  • June 2007
    • Detroit Resists MPG Rules

      Detroit Resists MPG Rules

      (Newser) - The Big Three car makers are trying to put the breaks on Congressional plans to toughen fuel economy standards to an average of 35 mpg over the next 15 years. The Wall Street Journal predicts a political struggle that will test how much clout Ford, Chrysler and GM still have on Capitol Hill, despite their crippling losses and declining market share. More »

      Tags

      General Motors   Detroit   Ford   Chrysler   automaker   fuel economy   CAFE standards

  • May 2007
  • April 2007
    • Kerkorian Offers $4.5 Billion For Chrysler

      Kerkorian Offers $4.5 Billion For Chrysler

      (Newser) - Beverly Hills billionaire Kirk Kerkorian has offered to buy the Chrysler group for $4.5 billion. Kerkorian's investment company, Tracinda Corp., can pay cash for the ailing automotive giant, and is pitching an extra $100 mil for an exclusive two-month period to run due diligence. Tracinda told parent DaimlerChrysler it can work with both management and the UAW, which would have an equity stake. More »

      Tags

      auto industry   business   car   Chrysler   United Auto Workers   shares   Kirk Kerkorian   Daimler

Stories 41 - 60 of 61

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