Judge approves sale of Thistledown track by Magna Entertainment to Harrah'sSeptember 15th, 2009 Magna bankruptcy judge approves Thistledown saleWILMINGTON, Del. — A Delaware bankruptcy judge has approved the sale of Magna Entertainment Corp.'s Thistledown race track in Ohio for $89.5 million.
Chrysler in talks to ends replace Mitsubishi and Hyundai in engine building alliance with FiatSeptember 10th, 2009 Chrysler ends alliance with Mitsubishi and HyundaiDETROIT — Chrysler Group LLC said Thursday it ended an engine building alliance with Mitsubishi Motors Corp. and Hyundai Motor Co.
Magna bankruptcy judge approves motions regarding property salesAugust 26th, 2009 Magna moving ahead with property salesWILMINGTON, Del. — Horse-track owner Magna Entertainment Corp.
Hudson Highland Group European unit CEO Christine Raynaud resignsAugust 26th, 2009 Hudson Highland Group European unit CEO resignsNEW YORK — Hudson Highland Group Inc., a professional staffing company, said Wednesday its Europe unit president and CEO Christine Raynaud is resigning. Hudson Chairman and CEO Jon Chait will assume leadership responsibility for the company's European operations on an interim basis.
Magna confident of concluding Opel deal by July 15June 30th, 2009 Magna confident of Opel deal by July 15BERLIN — The head of Canadian auto parts maker Magna says he is confident a deal to take over carmaker Adam Opel GmbH will be completed by the middle of July. Magna International Inc.
Chrysler Financial cuts 9 percent of workforce, closes service centerJune 30th, 2009 Chrysler Financial to cut 9 percent of workforceDETROIT — Chrysler's former financial arm says it will reduce its workforce by 9 percent as it restructures and closes a customer service center in Overland Park, Kansas. Chrysler Financial, a company separate from Chrysler Group, says the moves come as it no longer serves as the automaker's preferred lender for financing Chrysler vehicle purchases and dealer inventories.
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.
Canadian Magna chairman Stronach expects Opel to turn profit in 4 yearsJune 2nd, 2009 Magna chairman: Opel to turn profit in 4 yearsOTTAWA — Magna International Inc. chairman Frank Stronach says he expects the newly acquired Opel unit in Germany will break even in three years and turn a profit in four years.
Judge approves agreement to make GMAC preferred lender for Chrysler dealers and customersMay 12th, 2009 Judge OKs deal to make GMAC top Chrysler lenderNEW YORK — A bankruptcy judge says GMAC can become Chrysler's preferred lender. Pending the completion of certain documentation, U.S.
Hearing on Md.'s challenge in Magna bankruptcy case postponedMay 8th, 2009 Hearing postponed in Magna bankruptcy challengeWILMINGTON, Del. — A hearing on a challenge by Maryland officials to an order issued in the bankruptcy case of horse track owner Magna Entertainment Corp.
Bankruptcy judge asked to approve proposed sale of Magna Entertainment assetsMay 4th, 2009 Judge weighs Magna Entertainment asset saleWILMINGTON, Del. — Horse track owner Magna Entertainment Corp.
Bankruptcy judge approves proposed sale of Magna Entertainment assetsMay 4th, 2009 Judge approves Magna Entertainment asset saleWILMINGTON, Del. — A Delaware bankruptcy judge has approved proposed sale procedures for certain assets of horse track owner Magna Entertainment Corp.
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's president and vice chairman LaSorda leaves Chrysler effective immediatelyMay 2nd, 2009 Chrysler president LaSorda to retire immediatelyAUBURN HILLS, Mich. — Chrysler says its president and vice chairman, Tom LaSorda, is leaving the automaker immediately.
Magna Entertainment still exploring bankruptcy optionsApril 24th, 2009 Attorney says Magna reviewing alternativesWILMINGTON, Del. — A bankruptcy attorney for horse-track owner Magna Entertainment Corp.
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