- GMAC receives $7.5 billion in new Treasury aid
Auto lender GMAC Financial Services will receive $7.5 billion in additional government aid to keep loans flowing to would-be buyers of GM a...
22 May, 2009, 10.42 AM IST
- Fiat might be biting off more than it can chew
Fiat's lifeline to Chrysler has cast it in the unlikely role of saviour of the U.S. car industry but a further deal with Opel might be a br...
01 May, 2009, 07.00 PM IST
- GM to announce brand changes, restructuring moves
General Motors Corp. will announce details of its massive restructuring plan on Monday, including changes in its eight brands, potential fa...
27 Apr, 2009, 07.04 AM IST
- Treasury lends $2 bn more to General Motors
Taxpayers invested another $2 billion in General Motors Corp. this week as the struggling auto giant continued efforts to restructure and a...
25 Apr, 2009, 02.36 AM IST
- US Treasury starts aid scheme for beleaguered auto suppliers
The US Treasury Department began financing-support programs through General Motors Corp and Chrysler LLC aimed at helping auto-parts makers...
09 Apr, 2009, 12.28 AM IST
- Rattner to advise US auto industry task force
A Wall Street financier will advise the government's auto industry task force reviewing the restructuring of General Motors Corp. and Chrys...
24 Feb, 2009, 01.53 AM IST
- General Motors gets first tranche of US loan
General Motors Corp received its first multibillion dollar loan installment from the US Treasury Department Wednesday night, right in time ...
01 Jan, 2009, 07.21 AM IST
- Chrysler execs say cash will run short in January
Chrysler LLC is nearing the minimum level of cash it needs to run the company and will have trouble paying bills after the first of the yea...
12 Dec, 2008, 10.34 AM IST
- Chrysler to cut 25 per cent of salaried work force
CEO Robert Nardelli said that the moves are being made as the company "works to find new ways to operate." Nissan Cars | Nissan's Clean Die...
24 Oct, 2008, 09.15 PM IST
- GM deal for Chrysler said to be coming soon
Speculation continued to swirl Monday that a deal for General Motors Corp to buy Chrysler LLC from New York private equity firm Cerberus Ca...
20 Oct, 2008, 06.36 PM IST
- US Congress passes 25 bln loan guarantees to automakers
The US Senate has approved 25 billion dollars in loan guarantees for the financially strapped US auto industry.
28 Sep, 2008, 05.13 PM IST
- US Congress passes $25 billion loan guarantees to automakers
The US Senate on Saturday approved 25 billion dollars in loan guarantees for the financially strapped US auto industry, intended to spark a...
28 Sep, 2008, 09.01 AM IST
- US Congress passes 25 bn loan guarantees to automakers
The US Senate Saturday approved 25 bn dollars in loan guarantees for the financially strapped US auto industry, intended to spark a wave of...
28 Sep, 2008, 08.41 AM IST
- GM seeks to seize tooling from bankrupt supplier
General Motors Corp has asked for court approval to seize tools from bankrupt auto parts maker Progressive Molded Products Inc, citing a po...
01 Jul, 2008, 03.11 AM IST
- Chrysler denies speculation it will file for bankruptcy protection
Faced with persistent speculation that it was planning to file for bankruptcy protection, Chrysler LLC issued a statement denying the rumor...
27 Jun, 2008, 04.51 AM IST
- Private-equity firm denies selling stakes in Chrysler, GMAC to other investors
Cerberus Capital Management LP has not sold any of its stake in Chrysler or finance company GMAC, a spokesman said on Monday.
03 Jun, 2008, 12.43 AM IST
- Nissan to make Chrysler car
Nissan Motor Co. said it will make a new small car designed by Chrysler LLC and Chrysler will make a full-size pickup truck designed by Nis...
15 Apr, 2008, 10.17 AM IST