With bankruptcy behind it, General Motors is speeding up the development of vehicle programs that had been delayed.One car, the next generation Chevrolet Malibu, will go on sale in two years instead of three.
Tags: Bankruptcy, Chevrolet, Chevrolet Malibu, General Motors, Gm, Gm Cars, Malibu, Next Generation, Survival
Consumers shunned some Chrysler Group and General Motors Co. brands during the height of publicity surrounding their U.S.-steered bankruptcies this year, a new study says.
Tags: Bankruptcies, Chrysler, Chrysler Group, Consumers, General Motors, General Motors Co., Gm, Publicity, Survival
Consumers shunned some Chrysler Group and General Motors Co. brands during the height of publicity surrounding their U.S.-steered bankruptcies this year, a new study says.
Tags: Bankruptcies, Chrysler, Chrysler Group, Consumers, General Motors, General Motors Co., Gm, Publicity, Survival
Honda CEO Takanobu Ito says the decision to quit Formula One racing last year was absolutely necessary for the company’s survival.
Tags: Ceo, Formula One, Formula One Racing, Honda, Pullout, Survival, Takanobu Ito
On the wall of Marion Luna Brem’s office at Love Chrysler-Jeep hangs a picture frame with two canceled checks and#x2014; one for $25 and the other for $100.
Tags: Checks, Chrysler, Chrysler Jeep, Jeep, Jeep Frame, Love Story, Luna, Marion Luna Brem, Picture Frame, Success, Survival, USD
Chrysler LLC’s Canadian manufacturing operations will not survive in the long-term without significant concessions from the Canadian Auto Workers, the company said in a letter to employees today.
Tags: Canadian Auto Workers, Chrysler, Chrysler Canada, Concessions, Hinges, Llc, Survival
U.S. President Barack Obama offered a “fervent hope” for Chrysler LLC and General Motors’ survival on Tuesday as GM bondholders said completing the automaker’s restructuring outside bankruptcy has become increasingly less likely.
Tags: Automaker, Bankruptcy, Barack Obama, Bondholders, Chrysler, Chrysler LLC, Chrysler Motors, Fervent Hope, General Motors, Gm, GM U.S., Llc, Restructuring, Survival
U.S. President Barack Obama offered a “fervent hope” for Chrysler LLC and General Motors’ survival today as GM bondholders said completing the automaker’s restructuring outside bankruptcy has become increasingly less likely.
Tags: Automaker, Bankruptcy, Barack Obama, Bondholders, Chrysler, Chrysler LLC, Chrysler Motors, Fervent Hope, General Motors, Gm, GM U.S., Llc, Restructuring, Survival
To survive the 27 months until Fiat cars are rolling off its assembly lines, Chrysler needs two things to happen and#x2014; and they’re both dicey.
Tags: Assembly Lines, Chrysler, Dicey, Fiat, Fiat Cars, Fiats, Narrow Path, Survival
General Motors today said its auditors had raised “substantial doubt” about its ability to survive outside bankruptcy if it fails to stem its losses and stop burning cash. The “going concern” warning from the struggling U.S.
Tags: Bankruptcy, Doubts, General Motors, Gm, Going Concern, Losses, Substantial Doubt, Survival, United States
The future of Volvo is looking brighter after the Swedish government agreed to act as a guarantor for a European Investment Bank loan to the automaker.
Tags: Automaker, Bank Loan, European Investment Bank, Guarantor, Investment Bank, Odell, Survival, Swedish Government, Volvo
The odds are against the survival of Saab as an independent automaker, as it begins the process of spinning off from its troubled US owner General Motors.
Tags: Automaker, General Motors, Independent, Odds, Path, Saab, Survival, United States
The odds are against the survival of Saab as an independent automaker, as it begins the process of spinning off from its troubled US owner General Motors.
Tags: Automaker, General Motors, Independent, Odds, Path, Saab, Survival, United States
The number of “going concern” warnings by corporate auditors could hit an all-time high this year, as the U.S. recession has put the survival of hundreds of companies in doubt, the CEO of accounting firm Grant Thornton predicted this week.
Tags: Accounting Firm, Ceo, Corporate Auditors, Doubt, Going Concern, Grant Thornton, Recession, Survival, United States
General Motors’ German unit Opel will present a business plan to the German government in the coming days, heeding calls to present such a plan in order to obtain state guarantees.
Tags: Business Plan, General Motors, German government, German Unit, Gm, Opel, State Guarantees, Survival
With the survival of at General Motors and Chrysler LLC at stake, a presidential task force on industry restructuring held its first meeting today behind closed doors at the Treasury Department.
Tags: Chrysler, Chrysler LLC, Closed Doors, Department of the Treasury, First Meeting, General Motors, Presidential Task Force, Restructuring, Stake, Survival, Treasury Department, U S Auto, United States
With the survival of General Motors and Chrysler LLC at stake, the presidential task force on industry restructuring held its first meeting today behind closed doors at the Treasury Department.
Tags: Auto task force, Chrysler, Chrysler LLC, Closed Doors, Department of the Treasury, First Meeting, General Motors, Llc, Presidential Task Force, Restructuring, Stake, Survival, Treasury Department
Saab’s fight for survival intensified today as the General Motors unit won protection from creditors while trying to find a new partner and raise fresh funds.
Tags: Creditors, General Motors, New Partner, Saab, Survival, Wins
On Tuesday, Feb. 17, Chrysler LLC must present to the U.S. Treasury Department its plan for survival. But the company’s survival and#x2014; plan or no plan and#x2014; is very much in doubt.
Tags: Chrysler, Chrysler LLC, Doubt, Llc, Survival, Treasury Department, U S Treasury, U S Treasury Department, U.S. Treasury Department
Yes, George W. Bush rescued General Motors and Chrysler LLC last week. But the Bush bailout left a host of thorny, unanswered questions as the two companies plot a path to survival.
Tags: Bush Bailout, Chrysler, Chrysler LLC, General Motors, George W Bush, Survival, Thorny Questions, Unanswered Questions
The White House voiced concern about a Democratic plan on Monday to bail out the Detroit 3 with up to $15 billion in loans and provide longer-term help if certain conditions were met. President George W.
Tags: Automakers, Democratic Plan, Detroit, Loans, Survival, USD, Voiced Concern, White House
The great-grandson of the man who founded the car-maker Chrysler in 1924 on Tuesday added his voice to the campaign to save the company, noting it also built 22,000 tanks in World War Two and rockets that put the first American on the moon.
Tags: Car Maker, Chrysler, Descendant, Moon, Rockets, Survival, Tanks, World War Two
The great-grandson of the man who founded the car-maker Chrysler in 1924 on Tuesday added his voice to the campaign to save the company, noting it also built 22,000 tanks in World War Two and rockets that put the first American on the moon.
Tags: Car Maker, Chrysler, Descendant, Moon, Rockets, Survival, Tanks, World War Two
If U.S. auto sales sink beyond Ford Motor Co.’s forecasted rate, Ford will need a federal loan to survive 2009, CEO Alan Mulally said today. The loans are crucial for the survival of the domestic auto industry, Mulally told Automotive News.
Tags: Alan Mulally, Auto News, Auto Sales, Automotive News, Ceo, Domestic Auto Industry, Federal Loan, Ford, Ford Motor, Ford Motor Co., Loans, Survival, U S Auto
Automakers may again report a U.S. sales decline of at least 25 percent for November as tight credit and concerns about the Detroit 3′s survival kept demand at the lowest levels in a quarter century.
Tags: Auto Sales, Automakers, Quarter Century, S Sales, Survival, Tight Credit, U S Auto