On the day a Southfield development company closed on more than 200 acres from Chrysler Group L.L.C.'s holding company, the Auburn Hills City Council approved a $27 million headquarters for U.S. Farathane Corp. on that land ...
Jim Press, Chrysler Group's outgoing deputy CEO, owes almost $1 million in back taxes and has been sued by his credit union for defaulting on a $609,000 loan, The Detroit News reported last Friday ...
The portion of Chrysler LLC that remains in bankruptcy had costs of $10.2 billion in June, which is more than the amount the company was left with to cover the costs of liquidation ...
A group of victims who have been severely injured or have had a family member who died in an "unsafe" Chrysler vehicle attempted to send a message to Chrysler's CEO Sergio Marchionne ...
DETROIT -- The latest numbers on auto sales show that Chrysler needs to quickly figure out how to navigate the car market as deftly as it did bankruptcy court. Ford's Fusion midsize car outsold all eight Chrysler brand models combined in June. Only one Chrysler Group LLC model showed a sales increase over June of last year, the Dodge Challenger muscle car ...
Italian automotive suppliers to Fiat S.p.A. could look to set up shop in metro Detroit following the formation of Chrysler Group L.L.C., the Chrysler-Fiat alliance spawned from Chrysler's bankruptcy ...
Chrysler may have been granted a fresh start, but it still faces old problems: how to sell enough cars and realign its fleet away from the trucks and SUVs consumers seem to no longer want or be able to afford. A 42-day stay in bankruptcy court cleansed the company of much of its debt and labor costs, but many analysts say Chrysler's immediate future is bleak. It lost $8 billion in 2008, and sales are down by almost half for the first five months of this year ...
Chrysler may have been granted a fresh start, but it still faces old problems: how to sell enough cars and realign its fleet away from the trucks and SUVs consumers seem to no longer want or be able to afford. A 42-day stay in bankruptcy court cleansed the company of much of its debt and labor costs, but many analysts say Chrysler's immediate future is bleak. It lost $8 billion in 2008, and sales are down by almost half for the first five months of this year ...
A bankruptcy judge on Tuesday approved Chrysler's plan toterminate 789 of its dealer franchises, and the Supreme Courtcleared the way for the automaker's partnership with Italy's Fiat,rejecting a plea by a trio of Indiana pension plans and others toblock the sale ...