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Chrysler Responds Positively to Federal Stance, Assistance

Chrysler Responds Positively to Federal Stance, Assistance

Chrysler CEO Bob Nardelli reacted positively to news of the Obama Administration, U.S. Treasury, and Auto Task Force's news of assistance as the automaker restructures and preps for an alliance with Italian automaker Fiat. Nardelli says he's been meeting weekly with the Auto Task Force team since... read more

March 30, 2009 by  - 10
 
Obama drives by Tesla, via Edmunds

Link Love From The Car Connection: Obama Waves At Tesla, Hyundai Gets Conceptual, Plus Videos For The Toyota Aygo And Electric Cars

Elon gets a drive-by -- President Obama loves electric cars--but apparently not quite enough to get out of his non-EV limo to look at 'em. [Edmunds, h/t John V] Meddling kid... read more March 20, 2009 by  0


 
Bob Nardelli speaks to CNBC

Link Love From The Car Connection: Nardelli Speaks To CNBC, Leno Speaks to eBay, And A Former Auto Employee Sings His Little Heart Out

A gentle reminder -- Yo, peeps: the clock is ticking on our 2010 Toyota Prius schwag giveaway. All you have to do is leave a comment on this post; we'll do the rest. So easy... read more March 18, 2009 by  0


 
Rick Wagoner 2007 Geneva

GM CEO Rick Wagoner Claims Bankruptcy = Liquidation

First GM was anti-bankruptcy because they said it would tarnish their image beyond repair. But this morning at a breakfast in D.C., CEO Rick Wagoner sounded the full Chapter... read more March 17, 2009 by  7


 
Steve Rattner, via the New York Times

Steve Rattner To The Rescue

Yesterday was an important moment for domestic automakers: former investment banker and de facto head honcho of Obama's auto task force, Steve Rattner, had his first chat... read more March 17, 2009 by  3


 
GM chairman Richard Wagoner 2008

GM Advisers Present 'Best Chance' Plan For Restructuring

GM bondholder advisers claim they've presented a plan to both GM and Obama's autos task force that "provides GM's best chance for an out-of-court restructuring." They... read more March 17, 2009 by  3


 
Opel Logo

Opel Assistance Deal Thin On Details Says German Gov't

Yesterday German Economy Minister Karl-Theodor zu Guttenberg, on his way from Germany to the U.S. for talks with GM and U.S. government officials, called upon more... read more March 16, 2009 by  1


 
Chrysler dumping Canada?

No, Canada: Chrysler Prepared To Take Toys, Go Home

Chrysler co-president Tom LaSorda hopped across the border to Canada yesterday. It was not a leisure trip. LaSorda paid a visit to the House of Commons in Ottawa, delivering... read more March 12, 2009 by  4


 
Jay Leno

Jay Leno To Perform Free Concert, Humiliate The Unemployed

Jay Leno is coming to Detroit with something called "Jay's Comedy Stimulus Plan". Sources indicate that this is a comedy concert and that it is, in fact, funny. TCC is unable... read more March 10, 2009 by  7


 
Barack Obama

Obama Task Force Balances Urgency, Deliberation with Detroit

The Obama administration's auto task force characterized yesterday's two-hour meeting between UAW union leaders, visit to GM's Technical Center, and tour of Dodge Ram... read more March 10, 2009 by  2


 
Zoomi Monterey Electric Bicycle

Link Love From The Car Connection: Electric Bikes, iPhone Fun, And Gigolo Becomes Butt Of Soap-Dropping Jokes

Well, there's always Michael Moore -- Fellow PBS fans, the Big Three meltdown has a nasty surprise in store: to cut back on expenses, GM will no longer fund the films of Ken... read more March 10, 2009 by  4


 
2011 Chevrolet Volt

Obama's Auto Task Force Drive Chevy Volt, Visit Ram Plant

Today members of President Obama's autos task force head to Detroit to scrutinize GM and Chrysler's viability plans. A test drive of the 2011 Chevrolet Volt and tour of the... read more March 9, 2009 by  5


 
Ladies and gentlemen, the Unknown Comic

Wall Street Journal Lets 'Person Familiar With The Matter' Do The Talking For GM

From time to time, journalists rely on anonymous sources, who, for whatever reason, prefer not to identify themselves to the public. And that's fine. But for the Wall Street... read more March 6, 2009 by  4


 
Chrysler and Fiat logos

Fiat CEO Wants To 'Repay Every Single Dollar Of Taxpayer Funding'

So is it going to be Italy to the rescue of the American taxpayer? Fiat CEO Sergio Marchionne is still courting Chrysler, and he assured the U.S. auto task force yesterday... read more March 6, 2009 by  3


 
GM faces the reaper

GM Is Fearing Reaper, Barreling Toward Bankruptcy

Between lackluster sales, the sagging economy, and all that bailout mishegas, things are rough at General Motors. For weeks, we've been waiting for signs of improvement... read more March 5, 2009 by  7


 
GM Protest

GM Woes = Opel Angst As German Workers Protest

Proving that GM's problems are far from contained to its U.S. operations, thousands of GM factory workers protested today outside the Adam Opel AG plant in Ruesselsheim... read more February 26, 2009 by  5


 

 
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