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Chrysler is laying off a massive number of employees! 5,000+ are going to be axes.
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Posted by
licker4450
400 days ago, popular 400 days ago
(http://www.marketwatch.com)
Category: Commodities |
But will it solve anything?
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Chrysler said it will resume production at seven vehicle plants the week of June 29. The facilities are in Michigan, Ohio, Missouri, Ontario and Mexi[...]
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General Motors has had talks with smaller rival Chrysler LLC about a merger that would combine the No. 1 and No. 3 American automakers at a time when[...]
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A merger of General Motors Corp. and Chrysler LLC would land a heavy economic blow on Michigan, a state already battered by waves of home foreclosure[...]
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General Motors is seeking a sizeable capital injection from outside investors as a possible alternative to a deal with Chrysler, the carmaker’s small[...]
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General Motors Corp. and Chrysler LLC retirees and employees could lose $23 billion in pension benefits if the companies terminate their retirement p[...]
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Chrysler, which is in merger talks with its crosstown rival, General Motors, told its employees Friday that it would cut about 25 percent of its sala[...]
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One hedge fund manager takes a principled stand against the Obama administration's strong arm tactics to pressure the Chrysler bond holders to back [...]
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The Obama administration gave General Motors and Chrysler LLC failing grades Monday for their turnaround efforts and promised a sweeping overhaul of [...]
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Mitt Romney explains why he believes it is in the best interest of the American automotive industry to allow GM, Chrysler, and Ford to go bankrupt.
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Negotiators hope to finalize a merger agreement between General Motors and Chrysler before the presidential election and are lobbying for government [...]
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After an extraordinary, late-night battle of wills with a group of recalcitrant bondholders, President Barack Obama steered Chrysler LLC into bankrup[...]
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Automaker Fiat Group SpA will walk away from a deal to take a 20-percent stake in Chrysler LLC if the U.S. automaker's unions don't agree to major [...]
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This recession is expediting the long, slow, painful death of America's auto industry.
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