Chrysler

Chrysler Chief Executive Officer Bob Nardelli on Friday indicated to Congress that he had asked the automaker's majority owner for more money but was turned down. The revelation came during the second day of hearings over the Detroit Three's request for $34 billion in federal loans to survive the...  

Unlike General Motors, Chrysler has provided few specifics on how it plans to overhaul its operations after receiving U.S. government loans. After President George W. Bush announced loans for both companies Friday, Chrysler's parent, the private equity firm Cerberus Capital Management , said in a...  

United Auto Workers President Ron Gettelfinger on Friday blamed Senate Republicans for the collapse of the auto bailout bill and said the union was ready to do its part to prevent creditors from forcing General Motors Corp or Chrysler LLC into bankruptcy.  

Chrysler LLC hired a firm that specializes in bankruptcy proceedings because Congress asked it to study the drastic step as an option, the automaker said in a statement Friday.  

Dec. 8 (Bloomberg) -- Chrysler LLC, seeking federal aid to avert a collapse, halted talks with Chery Automobile Co. to have the Chinese company build cars for export.  

DETROIT -- Chrysler LLC Chief Executive Robert Nardelli told lawmakers considering financial support for the auto industry Friday that Chrysler would be pushed toward bankruptcy or even liquidation if it doesn't get federal loans.  

Dec. 5 (Bloomberg) -- General Motors Corp. and Chrysler LLC would both need at least twice as much to finance a bankruptcy as they say they need in U.S. government bailout loans, Chrysler and a restructuring expert said.  

Dec. 6 (Bloomberg) -- Financing a bankruptcy by General Motors Corp. or Chrysler LLC would cost at least twice as much as the automakers say they need in U.S. government bailout loans, Chrysler and a restructuring expert said.  

eBayO-Mobile: Before the hybrid, there was Obama's Chrysler 300c. A big day for obsessive Obama collectors on eBay. Not only was his Senate seat briefly up for sale (an obvious poke at Illinois Gov. Rod Blagojevich's apparent dirty dealings), but...  

October 11, 2008 -- DETROIT, Michigan (AFP) — US automaker Chrysler considered several new partnership options Saturday, including mergers with Renault-Nissan and...  

Dec. 9 (Bloomberg) -- The U.S. government may end up holding stakes in General Motors Corp., Ford Motor Co. and Chrysler LLC if Congress and the White House reach agreement on a financial bailout for the automakers.  

Dec. 5 (Bloomberg) -- Chrysler LLC, trying to avoid running out of cash early next year, said its Canadian unit submitted a restructuring plan to the national and Ontario governments as part of a request for financial aid.  

Chrysler LLC's Tom LaSorda does not expect the automaker will lay off any workers involuntarily this month, saying Wednesday that the company met its salaried headcount reduction goals in November.  

Dec. 5 (Bloomberg) -- Chrysler LLC said its Canadian unit submitted a restructuring plan to the national and Ontario governments as part of a request for financial aid.  

Dec. 4 (Bloomberg) -- General Motors Corp. and Chrysler LLC executives are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multibillion-dollar government bailout, said a person familiar with their internal discussions.