Chrysler names rest of 9-member board of directors following Fiat alliance, Chapter 11 exitJuly 5th, 2009 Chrysler names remaining directors to new boardAUBURN HILLS, Mich. — Chrysler Group LLC on Sunday announced the remaining members of its new board of directors, a group that includes a former CEO of Northwest Airlines, investment bankers and top officials of the Italian automaker Fiat Group SpA.
Ex-Chrysler chief Iacocca extends welcome to Fiat's Marchionne after takeoverJune 12th, 2009 Iacocca to Marchionne: Welcome to ChryslerAUBURN HILLS, Mich. — The man who led the rescue of Chrysler in the 1980s has words of welcome for Fiat chief Sergio Marchionne after the Italian automaker's takeover of the U.S.
AP source: Chrysler management shake-up coming if Supreme Court clears asset sale to FiatJune 8th, 2009 AP source: Chrysler management changes comingDETROIT — If the sale of Chrysler LLC's assets to Fiat Group SpA is cleared by the Supreme Court, the Italian automaker will shake up Chrysler management and change the company's culture, according to a senior Obama administration official. The management changes will go deeper than the previously announced departure of CEO Bob Nardelli and Vice Chairman Tom LaSorda, as Fiat CEO Sergio Marchionne takes control of the company's day-to-day operations, said the official, who requested anonymity because the changes have not been made public.
Court OKs Chrysler's sale to Fiat, but Supreme Court appeal likely; GM to spend $2B on DelphiJune 6th, 2009 GM and Chrysler's bankruptcy cases at a glanceA summary of developments in the Chapter 11 bankruptcy cases of General Motors Corp. and Chrysler Group LLC
GENERAL MOTORS — DAY 37
WHERE DOES IT STAND?: Tuesday marked Detroit-based GM's 37th day under bankruptcy court protection.
Appeals court OKs Chrysler sale to Fiat but keeps deal on hold until Monday to allow appealJune 6th, 2009 Appeals court upholds Chrysler sale to FiatNEW YORK — A U.S. appeals court on Friday upheld Chrysler's sale of most of its assets to Italy's Fiat, but the deal will remain on hold to allow an appeal to the nation's highest court.
Trio of Indiana funds to argue against Chrysler's sale to Fiat in appeals court FridayJune 5th, 2009 Appeals court to hear argument vs. Chrysler saleNEW YORK — The decision on whether Chrysler can sell the bulk of its assets to a group led by Italy's Fiat as part of its plan to emerge from bankruptcy protection is in the hands of a federal appeals court.
Appeals court conditionally approves Chrysler sale but keeps deal on hold to allow appealJune 5th, 2009 Appeals court conditionally OKs Chrysler saleNEW YORK — A U.S. appeals court conditionally approved Chrysler's sale of most of its assets to Italy's Fiat Friday, but is keeping the deal on hold until Monday to allow an appeal to the nation's highest court.
Chrysler says majority of its plants will resume production by late JuneJune 2nd, 2009 Chrysler plants to resume production by late JuneNEW YORK — Chrysler LLC is planning on resuming production at the majority of its plants by the last week of June, said Steven Landry, an executive vice president at the automaker. Chrysler idled all of its factories almost immediately after it filed for bankruptcy protection as it sought to reduce excess inventory.
Chrysler Financial to immediately stop dealer wholesale financingMay 2nd, 2009 Chrysler Financial to suspend dealer financingFARMINGTON, Mich. — Chrysler Financial says it's temporarily suspending financing for Chrysler dealers effective immediately.
Chrysler Vice Chairman Tom LaSorda to retire after 32 years in auto businessApril 30th, 2009 Chrysler's LaSorda to retire; date undecidedDETROIT — Chrysler Vice Chairman and President Tom LaSorda says he is going to retire, but the date has not been set. The former Chrysler chief executive when it was owned by Daimler AG says it's time to step down after 32 years in the business.
Chrysler forced to close plants early as some suppliers stop shipping partsApril 30th, 2009 Some Chrysler parts suppliers stop shippingDETROIT — Chrysler says it has sent workers home from at least two factories because parts suppliers have stopped shipping due to its bankruptcy filing. Vice Chairman and President Tom LaSorda said in a conference call Thursday that workers were sent home from stamping and assembly factories in the Detroit suburb of Warren.
Chrysler plans to temporarily shutdown most plants until Fiat deal closesApril 30th, 2009 Chrysler to idle plants until Fiat deal doneNEW YORK — Chrysler says it will temporarily stop most of its vehicle production until its deal with Italy's Fiat is complete. The shutdown is effective Monday and could last up to two months.
Canada auto workers say they've reached tentative pact with ChryslerApril 25th, 2009 Canada union: Tentative deal reached with ChryslerTORONTO — Canadian Auto Workers negotiators have reached a tentative new labor deal with Chrysler, a union official said Friday. The deal would save Chrysler about $240 million Canadian ($198 million) a year, CAW President Ken Lewenza said.
Ford VP expects UAW would give Ford same deal as GM, Chrysler if concessions deepenApril 23rd, 2009 Ford VP expects same concessions as GM, ChryslerEAST LANSING, Mich. — A Ford Motor Co.
Chrysler gives ultimatum, threatens to pull out of CanadaMarch 12th, 2009 TORONTO - Chrysler Wednesday threatened to pull out of Canada unless the Canadian government gives it billions of dollars in loans and allows tax concessions and workers take wage cuts. With three plants in Canada, Chrysler is the second largest auto seller in the country after General Motors.
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