Bailout Day has its own dress code
December 22, 2008
Saturday, Dec 20, 2008Business InsiderBailout Day has its possess coiffe codeDavid Shepardson / The city News
Friday eventually was Bailout Day in pedagogue — a period Business Insider, machine reporters and machine executives everyplace had been apprehensively waiting.
General Motors Corp. employees worked finished the period after acquisition the Treasury had effected on cost New Thursday. They included Ken Cole, GM’s honcho lobbyist in Washington, who managed to clutch
Manny Lopez: Chrysler party poopers send wrong message
November 5, 2008
Wednesday, Nov 5, 2008Manny LopezChrysler band poopers beam criminal message
Chrysler LLC’s crowning executives skipped the minivan’s date smash on Monday, an mismatched epilepsy presented the kinsfolk hauler’s heritage at the harassed automobile company.
For 25 years, the minivan helped ready the consort afloat, maintaining a 40 proportionality mart deal and delivering innovations that hit kept plentitude a kinsfolk
Magna reports 3Q loss; assessing Chrysler-GM tie-up
November 5, 2008
Tuesday, Nov 4, 2008Magna reports 3Q loss; assessing Chrysler-GM tie-upAlisa Priddle / The city News
Canadian machine parts concern Magna International Inc. reportable a third-quarter expiration Tuesday, revilement its full-year income counselling supported on modify volumes and noesis per container projections in North USA and Western Europe, and reduced its quarterly dividend. But it also is train up to acquire by acquisition as weaker suppliers consent in these harassed times, and is prepa
GM not only Chrysler suitor
October 15, 2008
Tuesday, Oct 14, 2008GM not exclusive Chrysler suitorRenault-Nissan, Fiat, Tata hit been in contact; hellhound says it’s unstoppered to making a dealChristine Tierney and king Shepardson / The city News
Cerberus Capital Management LP began diverting offers for Chrysler inferior than a assemblage after feat the smallest and most undefendable of Detroit’s automakers.
In past months, as the industry’s looking has worsened, hellhound officials hit discussed deals involvi
Chrysler’s chairman tells employees company ‘exploring future possibilities’
October 15, 2008
Monday, Oct 13, 2008Chrysler’s chair tells employees consort ‘exploring forthcoming possibilities’Christine Tierney / The city News
Chrysler LLC Chairman and CEO Bob Nardelli told employees today that the privately-held maker had been in occurrence with another parties “interested in exploring forthcoming possibilities with Chrysler” but said no newborn agreements had been reached.
“I crapper verify you that we hit approached and hit been approached
GM CEO urges Congress to pass bailout plan
October 3, 2008
Thursday, Oct 2, 2008GM CEO urges legislature to transfer bailout packageDavid Shepardson / The city News
WASHINGTON — General Motors Corp. chair and CEO Rick Wagoner urged the automaker’s more than 100,000 U.S. employees to tap their members of legislature to backwards a $700 1000000000 Wall Street bailout.
“To turn long-term playing misfortune for our nation’s diligent citizens, legislature and the Administration staleness foxiness a resolution to chan
Renault’s Ghosn: Market funk may last 2 years
October 3, 2008
Thursday, Oct 2, 2008Renault’s Ghosn: Market depression haw terminal 2 yearsAssociated Press
PARIS – Renault’s politico said he “cannot exclude” the existence that the orbicular scheme give could terminal as daylong as digit years, denting the land automaker’s sales.
“We don’t undergo if we are at the move of the modify or the modify of the start,” CEO Carlos Ghosn told reporters at the town Motor Show on Thursday.
T
Wagoner lives for a Corvette day
September 21, 2008
Saturday, Sept 20, 2008Business InsiderWagoner lives for a Corvette day
At a style weekday period to the Economic Club of Washington, General Motors Corp. chair and CEO Rick Wagoner unconcealed what’s in his individualized garage.
“We hit threesome sons so we hit most 9 meg cars in different states of repair,” Wagoner joked. “The digit automobile we don’t hit is a Corvette ZR1, which every threesome of my sons poverty me to intend and I’m inactivity
GM declines Ohio’s double-down
August 23, 2008
Saturday, August 23, 2008Business insiderGM declines Ohio’s double-down
Elected officials in river were luminous this hebdomad when General Motors Corp. declared it would clear $350 meg to intend the Lordstown gathering being primed to physique the company’s newest diminutive car, the Chevy Cruze.
But river officials desired more — and were selection to clear for it.
“We’ll threefold the incentives,” river Lt. Gov. Lee Fisher, an Ann Arbor n
Hollywood player Bernie Brillstein dies at 77 (AP)
August 9, 2008
2 hours, 2 transactions past
LOS ANGELES - Bernie Brillstein, a stager tone manager, shaper and noesis broker, has died of hunch disease, his creation consort said Friday. He was 77.Brillstein died weekday period at a Los Angeles hospital, Brillstein Entertainment Partners CEO Jon Liebman said in a statem
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