Chrysler LLC

General Motors left to wait as judge adjourns hearing without indicating ruling's timing

2009-07-03 02:44:00

NEW YORK (AP) — General Motors Corp. may have to wait out the long holiday weekend to learn if its bankruptcy plan is moving forward, after U.S. Judge Robert Gerber adjourned a three-day hearing without indicating when he will rule on GM's plan to...

GM and Chrysler's bankruptcy cases at a glance

2009-07-02 15:33:00

A summary of developments in the Chapter 11 bankruptcy cases of General Motors Corp. and Chrysler LLC: GENERAL MOTORS — DAY 32 WHERE DOES IT STAND?: Thursday marked Detroit-based GM's 32nd day under court protection. Closing arguments in GM's...

U.S.: GM funding will halt after July 10

2009-07-02 00:00:00

NEW YORK — A senior member of President Barack Obama's auto task force testified Wednesday that the U.S. government will not continue to fund General Motors Corp.'s operations if the automaker doesn't get approval to sell its assets to a new company...

Chrysler Financial to Close Overland Park Call Center

2009-06-30 00:00:00

Chrysler's former financial arm said Tuesday that it will reduce its work force by 9 percent, or more than 300 employees, as it restructures operations after losing its preferred lender status with the automaker. GMAC Financial Services is now Chrysler's...

Chrysler Financial to eliminate 9 percent of work force, closes service center

2009-06-30 16:11:00

DETROIT (AP) — Chrysler's former financial arm said Tuesday that it will reduce its work force by about 9 percent, or more than 300 employees, as it restructures operations after losing its preferred lender status with the automaker. GMAC Financial...

GM seeks court approval to become new company

2009-06-30 00:00:00

NEW YORK - General Motors Corp., hoping for a quick exit from Chapter 11, on Tuesday will ask a bankruptcy judge to approve its plan to refashion itself as a leaner automaker owned mostly by the government. The nation's largest automaker still faces...

U.S. June auto sales may top 10 Million rate, best for 2009

2009-06-25 10:43:00

General Motors Corp., Toyota Motor Corp., Ford Motor Co. and other automakers may report a U.S. sales rate for June that exceeds 10 million units for the first time this year, according to three industry estimates. A 10 million-unit rate is an increase...

Ford gets $5.9 Billion in U.S. aid, Tesla $465 million to boost car mileage

2009-06-24 00:00:00

Ford Motor Co., the only U.S. automaker not receiving emergency federal loans, will get $5.9 billion in government financing to accelerate production of fuel-efficient cars. Ford will be among the first recipients of the loans in a $25 billion Energy...

New jobless claims rise unexpectedly to 627,000

2009-06-25 06:07:00

WASHINGTON -- The number of people filing new jobless claims jumped unexpectedly last week, and the total unemployment benefit rolls rose to more than 6.7 million. The Labor Department data released today show jobs remain scarce even as the economy shows...

Durable goods orders rise unexpectedly in May

2009-06-24 11:14:00

WASHINGTON -- Orders to U.S. factories for manufactured goods from computers to aircraft surged in May for a second straight month. And a gauge of business investment rose last month by the most in nearly five years. Together, the data Wednesday signal...

Choose your vehicle's extended warranty with care

2009-06-22 00:00:00

Federal regulators' efforts to shut down illegal "robocalls" pitching bogus car warranties highlight the need for consumers to be alert to these fraudulent schemes. But the moves also spotlight the need for car buyers to understand how to evaluate a...

Chrysler restarts first plant

2009-06-15 13:27:09

AUBURN HILLS, Mich. -- Chrysler LLC says it has restarted a small factory that makes the Viper sports car. The Conner Avenue assembly plant in Detroit is the first to begin making vehicles since May 4 when the company shut down all of its plants after it...

Protesters who traveled from Detroit demonstrate after the arrival of Fritz Henderson, chief executiver of General Motors Corp. , outside U.S. Bankruptcy Court in New York . GM is poised to follow rival Chrysler 's path and win approval to sell most of its assets at a hearing set to start today.

2009-06-30 00:00:00

Currie Motors salesman Carnell Jackson talks with Jamal Jones, 20, and his grandfather John Ford , about a used car at the dealership in Forest Park , Ill. Curry Motors is one of the dealerships slated to be closed. Chrysler LLC has told a bankruptcy court it plans to eliminate 789 of its dealers

2009-05-14 00:00:00

Boxes of documents related to the Chrysler bankruptcy case are brought into U.S.

2009-05-04 00:00:00