Chrysler Celebrates 25 Years of the World's First and Favourite MPV
Dec 12, 2008
Chrysler is celebrating a quarter-century of MPV innovation, on-going development and leadership since launching the world's first MPV. ... Continue reading
U.S. House Passes Auto Aid - Next up The Senate, Where Prospect Is Less Certain
Dec 10, 2008
WASHINGTON, December 10, 2008: According for Harry Stoffer, writing for Automotive News, the House of Representatives approved emergency U.S. aid for Detroit's automakers, setting up a showdown in the Senate where prospects for passage are less certain. The legislation would provide an immediate $14 billion in loans to ... Continue reading
PLAYING WITH "OTHER PEOPLE'S" MONEY...
Dec 10, 2008
by Rick Carlton - The Auto Channel <b><i>"A free people ought not only be armed and disciplined, but they should have sufficient arms and ammunition to maintain a status of independence from any who might attempt to abuse them, which would include their own government." - George Washington</b></i> Yesterday afternoon, ... Continue reading
Dec 9, 2008
LOS ANGELES, Dec. 9 -- The following statement is from Lee Iacocca, Former Chairman and CEO of Chrysler and Former President of Ford Motor Company: "Running a multi-billion-dollar automobile company with thousands of employees, retirees, suppliers, dealers and communities counting on you is not for the weak of heart or ... Continue reading
We Have Met The Enemy And He Is Us.......
Dec 8, 2008
When Walt Kelly (originator of Pogo) penned those words, he probably didn't mean to apply the homily to the automotive business segment. But, given the events of the last six months, eating our young as a practical illustration couldn't be any more accurate. ... Continue reading
WashingtonWatch.com Update: The Latest Auto Bailout Plan
Dec 8, 2008
WASHINGTON, Dec. 8 /PRNewswire-USNewswire/ -- This is the WashingtonWatch.com federal legislative update for the week of November 24, 2008. On the WashingtonWatch.com Blog President-Elect Barack Obama began to sketch his plan for economic recovery over the weekend. The details - and what's missing - are discussed in a ... Continue reading
Poll Finds 58 Percent of Union Members in the United States Oppose Big Three Bailout
Dec 8, 2008
Poll Also Finds 62 Percent of All Americans Against Bailout WASHINGTON, Dec. 8 -- As Congress mulls whether or not to spend anywhere from $15 to $34 billion in taxpayer money to bailout Ford, General Motors and Chrysler, a new ATI-News/Zogby poll shows a clear majority of Americans, including union employees, oppose su ... Continue reading
Annual Direct Economic Impact of Chrysler LLC in America Estimated to Exceed $29 Billion
Dec 5, 2008
- Benefits touch all 50 states - Chrysler not wavering from commitment to America AUBURN HILLS, Mich., Dec. 5 -- Chrysler LLC today released figures revealing that the direct economic impact of the company's operations in the U.S. exceeds $29 billion annually. The analysis covers economic activity in all 50 states, and ... Continue reading
Chrysler LLC Reports November 2008 U.S. Sales
Dec 2, 2008
-- All-new Dodge Ram sales continue to gain momentum -- Jeep(R) Liberty sales increased 6% compared to October 2008 -- Chrysler's U.S. retail market share increased 0.6 percentage points in November -- Fleet sales decreased 63%; Retail sales remain aligned with industry -- Additional incentives and financing arrangemen ... Continue reading
Chrysler LLC Conference Call to Announce November 2008 U.S. Sales
Dec 1, 2008
AUBURN HILLS, Mich. -- What: Telephone conference call to discuss Chrysler LLC's November 2008 U.S. sales When: Tuesday, Dec. 2, 2008 - 3:30 p.m. to 4 p.m. EST Details: Domestic telephone number: 1 800-857-0714; International telephone number: + 1-210-839-8803 Call Leader: Yvonne Malmgren Passcode: Sales Other: Followi ... Continue reading
GM, Ford Shares Jump On Bailout Outlook
Nov 27, 2008
DETROIT, MI. November 26, 2008: According to Automotive News, Shares of General Motors and Ford Motor Co. jumped today after Deutsche Bank said chances have improved for the struggling U.S. automakers to receive a government bailout. "There is growing concern about the risks to the U.S. economy that would be derived fr ... Continue reading
Why It's Essential for Congress to Provide Financial Stimulus to the U.S. Auto Industry
Nov 26, 2008
The Fate of the Industrialized World Hangs In the Balance This Is Not Merely Issue of Protecting a Segment of the Work Force; itâs an Issue of Societal Progress By Marc J. Rauch Exec. Vice President/Co-Publisher Innovation has almost always been the stimulus to advance human civilization. Sometimes the innovations ... Continue reading
Waxman Dethrones Dingell As Chairman
Nov 20, 2008
<B><I>By PATRICK O'CONNOR - POLITCO</B></I> Washington DC, November 20, 2008: California Rep. Henry A. Waxman on Thursday officially dethroned longtime Energy and Commerce Chairman John Dingell, upending a seniority system that has governed Democratic politics in the House for decades. In a secret ballot vote in the Ca ... Continue reading
Waxman Unseats Auto Ally On House Energy Committee
Nov 20, 2008
Washington, DC November 20, 2008: According to Automotive News, Rep. Henry Waxman, D-Calif., has unseated Rep. John Dingell, D-Mich., longtime auto industry ally in Congress, as chairman of the powerful House Energy and Commerce Committee, which handles much industry-related legislation. ... Continue reading
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