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Chrysler Dealers Eager To Start Anew In U.s After the controversial divorce with German parent DaimlerChrysler AG, Chrysler is now going solo with high hopes. Chrysler Group's dealers are now rethinking expansion plans, which were put on hold earlier this year because the company is in limbo. This is their way of starting anew in the Un... Similar Editorial : Houston Chrysler Jeep Dealers by Sebastian Montes. | Source : BMW Roadster
Chrysler Execs Assure Workers, Effective Turnaround Top Chrysler executives have initiated a major internal communications thrust to explain to still-jittery workers what the sale of the Auburn Hills automaker to Cerberus Capital Management LP will mean to them.After months of ambiguity about Chrysler's plight, the truth finally cam... Similar Editorial : Freelance Workers by hitext. | Source : BMW Roadster
Dcx, Chrysler Divorce Could Slow China Deal Soon-to-be-single Chrysler Group is likely to face delays and have to renegotiate an agreement with Chery Automobile Co. Ltd., a Chinese automaker that was to supply Chrysler with low-cost cars, analysts said. The Auburn Hills-based automaker is relying on international partnerships to augment g... Source : BMW SUVs
Gm Exec Sees No Rush To Privatize The General Motors Corp. CEO Rick Wagoner, in his first public comments about Cerberus Capital Management's acquisition of the Chrysler Group, said last Thursday that it is unlikely other auto companies will share the same fate as the Auburn Hills automaker.While Wagoner said that ... Similar Editorial : Gm Exec by Iver Penn. | Source : BMW SUVs
Union Leaders Reassure Chrysler Workers United Auto Workers President Ron Gettelfinger spent much of Wednesday answering questions thrown by Chrysler workers and union leaders about DaimlerChrysler AG's decision to sell Chrysler to Cerberus Capital Management LP, a private equity firm."What has changed is that the sale i... Similar Editorial : Chrysler Execs Assure Workers by Mike Bartley. | Source : Acura Cars
Zetsche: Dcx, Chrysler Divorce Tough But Right In the fall of 2005, when Dieter Zetsche returned to Germany as the next CEO of DaimlerChrysler AG, one of his main concerns was to build solid cooperation between Mercedes-Benz and the Chrysler Group."Early on in my new assignment, I pushed the organization to leverage the merger t... Source : Acura Cars
Preview Before The Race At The Eurospeedway The excitement is swelling up for the coming Deutsche Tourenwagen Masters or the German Touring Car Masters. And to get an idea on what to expect at the race here is a preview before the race at the EuroSpeedway.The Lausitzring race track has been improved. The front straight has bee... Similar Editorial : Irl Preview by Cindy Ferguson. | Source : Learn to Kitesurf
Chrysler Says Bye Daimler Leaves With Billion First Quarter Loss Daimler: Sorry dear Chrysler but this is it. I have sold you to the three headed dog Cerberus.Chrysler: Its ok, Daimler dear I perfectly understand...and by the way would you be so sweet and take care of my $2 billion first-quarter loss?Daimler: Ok dear but remember I have the good e... Similar Editorial : How Daimler by Lauren Woods. | Source : Acura Cars
Zetsche: Letting Go Is Always Hard To Do The decision to let go of Chrysler sure was not an easy one. In fairness to Daimler it has tried to help its American automaker partner by providing additional investment but despite the efforts still Chrysler was not able to regain financial health. This exactly what forced Daimler to finally c... Source : Acura Cars
How Daimler, Chrysler Merger Failed 0G0erman automaker Daimler-Benz and the American auto manufacturer Chrysler Group merged in 1998 for a $36 billion consideration. Now, Daimler is selling its American luxury brand for just $7.4 billion. What went awfully wrong?Automotive records reflect that most of the failur... Similar Editorial : Daimler Expands Plug by Anthony Fontanelle. | Source : BMW 3 Series
Cerberus: Chrysler To Remain Intact The Cerberus Capital Management LP met with 100 United Auto Workers (UAW) officials to assure them the automaker would remain intact. During the two-hour meeting in Detroit, Cerberus CEO Steve Feinberg told the officials who represent Chrysler's plant workers that the automaker would remain int... Similar Editorial : How Cerberus Enticed Daimlerchrysler by Joe Thompson. | Source : BMW 3 Series
Chrysler To Expand Global Ties Cut loose from its German parent DaimlerChrysler AG, the Chrysler Group intends to widen its global ties by establishing more international partnerships. The recuperating company will also push hard to slash long-term health care liabilities in forthcoming contract talks with the United Auto Wor... Similar Editorial : Family Ties by Margaret Paul, Ph.D.. | Source : BMW 3 Series
Chrysler Acquisition Marks Cerberus Expansion After a head-to-head bidding with the renowned names in the corporate realm, the Cerberus Capital Management LP, the New York-based private equity firm, emerged as the mighty suitor. The DaimlerChrysler AG earlier announced that the private equity firm, managed by financier Stephen Feinberg, sec... Similar Editorial : How Cerberus Enticed Daimlerchrysler by Joe Thompson. | Source : BMW 3 Series
$7.4 Billion Sale Of Chrysler To Cerberus Chrysler CEO Tom LaSorda and DCX CEO Dieter Zetsche went to Auburn Hills for a meeting that will discuss the selling of the $7.4 billion sale of Chrysler to Cerberus Capital Management, a private-equity firm. This will dissolve the 1998 merger which was given high hopes but failed to live up to... Source : BMW 3 Series
Chrysler To Be Handed To Cerberus DaimlerChrysler, the world's second largest producer of luxury cars and manufacturer of high quality Mercedes window motors has announced recently that the first quarter profit that they obtain is more t... Similar Editorial : Left Handed Golf Clubs by Martin Haworth. | Source : BMW 3 Series
