Federal Money Off-Limits for Fiat, Says Nardelli
Fiat won’t be able to touch any of the “bailout” loan money provided by the U.S. government if it decides to move forward with its alliance with Chrysler LLC, says Chrysler Chairman Robert Nardelli. In...
View ArticleChrysler Can Survive Worst Down-Market, says Jim Press
Despite the doom and gloom sounded by ratings agencies and Southern Senators, Chrysler is preparing to ride out the worst the economy can throw at it, and will be able turn a reasonable profit even in...
View ArticleFiat “Prepared to Walk” on Chrysler
Chrysler's white knight is ready to gallop off into the sunset. Fiat Group SpA will walk away from alliance talks with the floundering U.S. automaker unless Chrysler's unions agree to make significant...
View ArticlePresident Articulates, Once Again, His Auto Policy
While the President was due to address the General Motors bankruptcy shortly before noon in the Grand Foyer of the White House today, he began his remarks by reviewing the situation at Chrysler. It was...
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