14 result(s) displayed (1 - 14 of 14):
Much has been made of the assertiveness shown by the board of General Motors Co. in critiquing the automaker's post-bankruptcy revitalization plan. In a Wall Street Journal piece Friday, the new chairman of GM crosstown rival Chrysler Group LLC says his group has been just as willing to flex its...
Posted on October 23, 2009 3:01 PM
Sergio Marchionne is shuffling the management ranks and organizational chart at Chrysler Group LLC for the second time since the Fiat SpA CEO took over the corner office in Michigan this summer. Chrysler said Monday that Chrysler brand CEO Peter Fong and Dodge chief Michael Accavitti had both left the...
Posted on October 5, 2009 4:19 PM
The auto industry, an "old economy" basket case in desperate need of 21st century ideas, is finding out first-hand what does and doesn't work when trying to sell online. General Motors Co. has pulled the plug on its much-ballyhooed experiment to sell cars on eBay, calling the seven-week program a...
Posted on September 30, 2009 3:46 PM
No one can accuse Fiat SpA of not aiming high. The Italian automaker, which took control of Chrysler Group LLC earlier this year as part of a post-restructuring global alliance, hopes that a revamped Chrysler brand can compete with premium domestic brands Cadillac and Lincoln.That would mark a significant repositioning...
Posted on September 22, 2009 2:15 PM
Chrysler Group LLC said Thursday it would wind-down a vehicle development partnership with Nissan Motor Co. Ltd., a vestige of Chrysler's former strategy from when it was owned by Cerberus Capital Management LP.Chrysler in 2008 intended to reinvigorate itself with a series of joint ventures with global automakers that could...
Posted on August 27, 2009 9:13 AM
Jim Press, a Toyota Motor Corp. (NYSE:TM) veteran who was the only member of Chrysler Group LLC's management team to stay on after the company's bankruptcy, reportedly plans to leave the automaker before year's end.Press came to Chrysler in September 2007, part of an all-star management team recruited by new...
Posted on August 21, 2009 1:15 PM
A House committee on Friday approved a resolution requesting the White House turn over all relevant information about its role in the restructuring of General Motors Corp., Chrysler LLC and Delphi Corp.The House Financial Services Committee made the request, which would not have the full force of law if passed...
Posted on July 17, 2009 11:12 AM
With momentum building in Congress to reverse bankruptcy court decisions and force General Motors Co. and Chrysler Group LLC to take back terminated dealerships, Chrysler is going on the offensive to try to get its side of the story out.Peter Grady, vice president of network development and fleet for Chrysler,...
Posted on July 16, 2009 5:08 PM
Congress' fight to restore dealerships axed as part of the restructuring of General Motors Co. and Chrysler Group LLC appears to be reaching its crescendo, as legislation winds its way through the House and the Obama administration hints it could be open to a deal.The provision to restore dealerships terminated...
Posted on July 15, 2009 5:20 PM
Steven Rattner, a one-time Lazard media banker who was brought on to oversee the Obama administration's guidance of General Motors Corp. and Chrysler LLC through bankruptcy, announced Monday that he was stepping down from the high-profile role. Rattner will be replaced by Ron Bloom, who is already a senior member...
Posted on July 13, 2009 4:51 PM
Government assistance has helped first Chrysler Group LLC and soon General Motors Corp. through quick-rinse bankruptcies. But these companies that have received so much aid from the White House now face a threat from another branch of government, with legislation working its way through Congress that would force the automakers...
Posted on July 9, 2009 1:27 PM
Newly reorganized Chrysler Group LLC rounded out its board over the weekend, presenting a slate of candidates with backgrounds that might offer a hint of what the long-term plans are for the company.Chrysler picked one-time Northwest Airlines CEO Douglas Steeland, R.R. Donnelley & Sons Co. (NYSE:RRD) chairman Stephen M. Wolf,...
Posted on July 6, 2009 1:51 PM
The U.S. auto industry might be suffering, but at least the initial quality of what they are building is improving. So says J.D. Power and Associates, which as part of its 2009 Initial Quality Study says that new vehicles sold by Chrysler Group LLC, Ford Motor Co. (NYSE:F) and General...
Posted on June 22, 2009 2:27 PM
Before a longer analysis by The Deal's Lou Whiteman, a senior writer covering autos and aviation, here's a quick hit on Fiat SpA closing its acquisition of the good assets of Chrysler LLC.Sergio Marchionne (pictured), who was named CEO of Chrysler Group LLC on Wednesday, said in a statement:"From...
Posted on June 10, 2009 1:37 PM
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