Rumor Mill

Troubled Financing Stalls GM/Chrysler Deal
Marty Padgett By Marty Padgett

Troubled Financing Stalls GM/Chrysler Deal

10/21/2008

Eleven billion dollars--that's the cash reserve held by Chrysler that makes it such an appealing acquisition to GM, who's burning through $1 billion a month these days. But as Automotive News reported yesterday, "Chrysler has $9 billion in debt that, under a change of control, would have to be paid...

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Tesla Roadster

Marty Padgett By Marty Padgett

Tesla in Trouble?


 
 
 
 
 
 
 
 
 
 
 
 

Marty Padgett By Marty Padgett

The Week in Reverse


 
 
 
 
The Car Connection Daily Headlines
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