There is an overflow of garbage on our city streets. We’re not talking about plastic this time, but rather unsightly, wheezing, wheeled monuments to our bad decision-making. The…
Fiat and Chrysler CEO Sergio Marchionne said he had no immediate plans to merge the two car-makers.
United States car-maker Chrysler is making a slew of vehicle recalls, US government documents showed on Monday.
US car sales jumped to a seven-month high in March led by a 41% surge at Toyota after the carmaker offered the steepest discounts in its history.
After a catastrophic year for US carmakers, the head of the United Auto Workers union has emerged as one of the most powerful men in the industry.
The US Supreme Court on Tuesday cleared the way for the sale of Chrysler to Fiat, while General Motors began to revamp its widely criticised board.
General Motors will file for bankruptcy on Monday, forcing the 100-year-old carmaker into a new and uncertain era of government ownership.
The once mighty US car industry faces a day of reckoning on Monday with the looming bankruptcy of General Motors.
The judge overseeing Chrysler’s bankruptcy case said on Friday he would issue an opinion ”sometime on Monday” on the carmaker’s proposed sale.
The US auto industry faced an uncertain future after talks with Germany on the fate of General Motors’ Opel unit collapsed.
Chrysler will file for Chapter 11 bankruptcy on Thursday after talks to restructure its debt with bondholders collapsed, a government official said.
President Barack Obama has decided to form a government task force for restructuring the struggling US car industry instead of naming a ”car czar”.
Glut expected on market as demand plummets for 2008’s must-have executive perk.
Carmakers put on a brave face at the world’s biggest car show on Sunday, with the sales outlook bleak for the coming year.
Chrysler on Friday received a -billion loan from the US government, two days after the government completed a parallel payout to General Motors.
United States car makers mulled painful reforms on Saturday after President George Bush unveiled a $13,4-billion rescue loan for the industry.
The United States government agreed on Friday to an emergency loan of $13,4-billion to ailing car makers.
Chrysler said on Wednesday that it would halt factory operations for at least a month, putting new pressure on the Bush administration.
The House of Representatives has approved a lifeline to the teetering US auto industry, but the legislation now faces stiff opposition in the Senate.
The White House and congressional Democrats on Tuesday night reached an agreement in principle on a -billion proposal for bailing out US carmakers.
