|
|
|
Detroit's Big Three automakers came closer than America realized to becoming the Big Two. General Motors Corp. ended merger talks with Chrysler LLC in November 2008 to focus on getting emergency federal aid, but Chrysler...
If you missed Bill Moyers Journal on Friday night, “A Tale of Two Quagmires”, you can still watch it online or read the transcript, or listen to excerpts. Do it now. Moyers walks viewers through the history of President Lyndon...
Nov 21, 2009 (The Honolulu Advertiser - A private equity firm that controls some of Hawai'i top hotels will become a shareholder in Hawaiian Telcom Inc. Cerberus Capital Management LP on Tuesday filed papers in U.S. Bankruptcy...
Rattner says carmaker needed new management through Fiat to survive David Shepardson / Detroit News Washington Bureau New York -- Steven Rattner, the Obama administration's former top auto adviser, disclosed for the first time...
More than 100 Chrysler Group LLC US dealerships face possible closure if they cannot reach new financing deals with GMAC Financial Services or another lender, people involved in the process said on Thursday.
Chrysler's last chance to get it right Lots of people have challenging jobs at Chrysler Group LLC, but few are tougher than the one occupied by Doug Betts. The good news: He has a running start on an overhaul of Chrysler's...
NEW YORK - Troubled auto and home lender GMAC Financial Services said Monday CEO Alvaro de Molina is stepping down. Michael A. Carpenter, a member of the company's board of directors, has been named his successor. De Molina's...
This week, our number came up on the roulette wheel of unemployment. On Monday, my husband was one of 400-plus employees of the Troy ad agency BBDO Detroit who was given notice the office would close. Chrysler was the firm's...
When Chrysler accepted its more than $12.5 billion in government bailout funds to stave off bankruptcy, it promised to produce more fuel efficient vehicles and rush its electric models to market by 2011. Now, almost three years...
Alisa Priddle / The Detroit News About 485 employees of BBDO Detroit have been given notice the office will close Jan. 26 because Chrysler Group LLC has not negotiated continued contracts with the longtime advertising agency....
