Kevin Krolicki

UAW chief says U.S. carmakers need urgent loan

DETROIT (Reuters) - U.S. automakers urgently need a loan to survive plunging vehicle demand but their workforce has already made enough concessions, United Auto Workers President Ron Gettelfinger said on Saturday.

Enterprise keeping rental fleet longer

Kevin Krolicki, Reuters Published:Â Saturday, November 15, 2008 Enterprise Rent-A-Car, the largest U. S. car rental agency, is keeping its fleet of cars and trucks in service longer to trim costs in response to the economic...

Minnesota car dealer sues Chrysler Financial

DETROIT (Reuters) - A Minnesota car dealer sued Chrysler Financial Services on Thursday, accusing it of acting in bad faith by freezing credit lines and thereby frustrating day to day operations and the planned sale of a rental...

Chrysler urges bailout, Washington split (Reuters)

Reuters - Goldman Sachs suspended its rating on General Motors Corp on Thursday and said the automaker needs at least $22 billion in federal aid, while Chrysler said it would be "very difficult to survive" without government...

UPDATE - Chrysler needs alliances and bailout-CEO (at Reuters)

By Kevin Krolicki PALM DESERT, Calif., Nov 13 (Reuters) - Chrysler LLC needs federal funding and an alliance with other automakers in the United States or abroad to ride out a crisis caused by collapsing demand that is...

Hyundai, Chrysler in talks as GM pulls out-sources

NEW YORK/DETROIT, Nov 7 (Reuters) - South Korea's Hyundai Motor Co has had talks with Chrysler LLC owner Ceberus Capital Management about a potential acquisition of the struggling U.S. automaker's Jeep brand and possibly other...

GM and Ford losses, cash burn dire

DETROIT (Reuters) - General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday and said their rate of cash burn had accelerated, as an extended slump in car sales raised questions about...

GM and Ford losses, cash burn dire

DETROIT (Reuters) - General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday and said their rate of cash burn had accelerated, as an extended slump in car sales raised questions about...

GM, Ford losses worse than expected, burning cash (Reuters)

Reuters - General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday, and said their rate of cash burn was accelerating, as an extended slump in car sales raised questions about the...

UAW chief urges $25 billion in U.S. auto support

DETROIT (Reuters) - United Auto Workers President Ron Gettelfinger on Thursday urged the U.S. government to provide another $25 billion in loans to struggling U.S. automakers so that they can meet their healthcare obligations...

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