Posts Tagged ‘Survival’

GM speeds development of cars delayed during battle for survival

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.

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GM, Chrysler brands burdened by survival concerns

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.

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GM, Chrysler brands hobbled by survival concerns

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.

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Honda CEO says Formula One pullout was absolutely necessary

Honda CEO Takanobu Ito says the decision to quit Formula One racing last year was absolutely necessary for the company’s survival.

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Love story: A dealer’s tale of survival, success

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.

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Chrysler says survival in Canada hinges on talks

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.

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Obama holds out ‘fervent hope’ for Chrysler and GM

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.

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Obama holds out ‘fervent hope’ for Chrysler and GM

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.

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Waiting for Fiats: Chrysler’s narrow path to 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.

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GM auditors raise doubts about survival outside bankruptcy

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.

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Volvo’s Odell confident about brand’s survival

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.

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Saab’s path to survival will be perilous

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.

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Saab’s path to survival will be perilous

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.

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Auditor ‘going concern’ warnings seen peaking in ’09

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.

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GM’s Opel to present plan for survival within days

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.

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U.S. auto task force holds first meeting

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.

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Auto task force to offer recommendations at next meeting

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.

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Saab wins protection from creditors, seeks partner and funds

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.

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4 men who shaped Chrysler, and a 5th poised for his chance

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.

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Rescue raises thorny questions

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.

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White House says aid must ensure automakers’ survival

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.

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Chrysler descendant appeals for company’s survival

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.

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Chrysler descendant appeals for company’s survival

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.

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Mulally from the road: ‘The whole industry could go down’

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.

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U.S. auto sales likely fell 25% again in Nov.

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.

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