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Business Wire (Free subscription) | 11/09/2009
NEW YORK--(BUSINESS WIRE)--Willkie Farr & Gallagher LLP today announced that Matthew A. Feldman has rejoined the firm after serving as the Chief Legal Advisor to the Obama administration’s Presidential Task Force on the Auto Industry. Mr. Feldman was recruited to join the Auto Team at the United States Treasury to help develop the overall strategy to restructure and recapitalize General Motors...
5Vote!
The Washington Times (Free subscription) | 11/05/2009
AUBURN HILLS, Mich. | Chrysler plans to revamp its struggling Dodge car brand under a new turnaround plan and says the company's cash has grown by nearly $2 billion since it exited bankruptcy protection in June. Under the plan, the automaker aims to introduce four new Dodges by 2013 and put new exteriors, interiors and engines on most of its current lineup. The new Dodges include a midsize sedan for...
9Vote!
Miami Herald (Free subscription) | 11/01/2009
Ford Motor Co. has been riding a wave of positive public sentiment since it steered clear of bankruptcy protection and avoided taking federal bailout money - unlike its crosstown rivals, General Motors Co. and Chrysler LLC.
5Vote!
Seattle Post-Intelligencer (Free subscription) | 11/01/2009
DETROIT -- Ford Motor Co. has been riding a wave of positive public sentiment since it steered clear of bankruptcy protection and avoided taking federal bailout money - unlike its crosstown rivals, General Motors Co. and Chrysler LLC.
7Vote!
Seattle Times (Free subscription) | 11/01/2009
Ford Motor Co. has been riding a wave of positive public sentiment since it steered clear of bankruptcy protection and avoided taking federal bailout money - unlike its crosstown rivals, General Motors Co. and Chrysler LLC.
5Vote!
Indy Star (Free subscription) | 10/29/2009
Indianapolis -- The secretary of state's office and Old Carco LLC have agreed that the company formerly known as Chrysler LLC will return $5.5 million in bonds issued by Tipton County for the failed Getrag Transmission Manufacturing facility, east of Tipton near the intersection of U.S. 31 and Ind. 28.
5Vote!
San Fransisco Chronicle (Free subscription) | 10/23/2009
Farm-equipment maker Agco Corp. said Friday it elected Tom LaSorda, Chrysler LLC's former president and vice chairman, to its board effective Dec. 6. LaSorda left Chrysler earlier this year after the automaker filed for Chapter 11 bankruptcy protection. He... Sponsored Topics: Chapter 11 Title 11 United States Code - Chrysler - AGCO - Business - Law
6Vote!
Sacramento Bee (Free subscription) | 10/23/2009
Bob Swift, owner-operator of Swift Dodge Sacramento and the son of an iconic local car dealer, died Wednesday morning at his El Dorado County home, apparently from a self-inflicted gunshot. Lt. Bryan Golmitz, spokesman for the El Dorado County Sheriff's Department, said the department received a call from a Swift family member at 10:18 a.m. Wednesday. Golmitz said officers responding to the 7500 block...
4Vote!
Business Wire (Free subscription) | 09/10/2009
ATLANTA--(BUSINESS WIRE)--Genesis Management, LLC, a newly-formed consulting organization focused on supply chain, total cost optimization and enterprise management services was launched today by John P. Campi. Mr. Campi was most recently the Executive Vice President and Chief Procurement Officer of Global Sourcing for Chrysler LLC, a role in which he was responsible for all worldwide purchasing and...
11Vote!
Grasping Reality with Both Hands (Free subscription) | 08/31/2009
As Tanta wrote many years ago, why would anyone entrust their money to people who named their fund after the vicious three-headed dog that guards the gates of hell? It is a mystery... Tom Lindmark? >Investors Fleeing Cerberus | But Then What: I guess this isn’t a big surprise but probably worth noting anyway and I do have an ulterior motive for writing this post which I shall divulge at the...
6Vote!
San Fransisco Chronicle (Free subscription) | 08/18/2009
Chrysler LLC's creditors have filed a lawsuit against Daimler AG charging that the German automaker unlawfully stripped billions of dollars in assets from the U.S. carmaker before selling it to a private equity firm. In the suit, the creditors claim that in... Sponsored Topics: Daimler AG - Automotive industry - United States - Private equity firm - Business
5Vote!
San Diego Union (Free subscription) | 08/18/2009
Chrysler LLC's creditors have filed a lawsuit against Daimler AG charging that the German automaker unlawfully stripped billions of dollars in assets from the U.S. carmaker before selling it to a private equity firm.
5Vote!
Seattle Post-Intelligencer (Free subscription) | 08/18/2009
NEW YORK -- Chrysler LLC's creditors have filed a lawsuit against Daimler AG charging that the German automaker unlawfully stripped billions of dollars in assets from the U.S. carmaker before selling it to a private equity firm.
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Columbus Tech Life (Free subscription) | 08/07/2009
President Barack Obama announced Wednesday that the federal government will be giving $2.4 billion of the $787 billion American Recovery and Reinvestment Act to accelerate manufacturing efforts in the U.S. battery and auto industries. The stimulus grant money will fund 48 new advanced battery and electric drive components manufacturing and electric drive vehicle deployment projects in more than 20...
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trymi | 03/23/2009
It was reported this week that Fiat S.p.A. is carrying out environmental and safety evaluations of Chrysler LLC factors as part of its intention to take over 35 percent of its stake. Environ Holdings Inc., of Arlington, Virginia was hired by Fiat to conduct the evaluations.
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trymi | 02/09/2009
Within a matter of two weeks the top executives of Chrysler LLC made their second appeal to dealers urging them to order 15,000 more vehicles by, February 9, Monday. The message is clear: there are only two ways to see this and it was aptly spoken by Chrysler co-President Jim Press, “You can either help us or burn us all down.”
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trymi | 02/06/2009
Since the announcement to sell the Viper operation last August as a step to avert the disaster of bankruptcy, Chrysler LLC has received no less than three offers for the purchase of the Dodge Viper sports car industry.As have been reported many times, Chrysler has to come up with a restructuring plan on the 17th of February and show the US government that it is still viable over the long haul by the
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