Chrysler to build Phoenix V6s in Mexico
The latest major piece of the Chrysler Group's $3-billion plan to...
Cerberus secures $62B refinancing for Chrysler
Cerberus Capital Management on Friday said seven major North American banks and investment banks have agreed to raise the $62 billion needed to refinance...
Chrysler Workers Surprised After Union Backs Sale
Chrysler workers were warned a few weeks ago by union officials that a private equity owner would be the worst thing that could happen...
Cerberus-Chrysler, labor leaders to meet
Cerberus Capital Management LP and leaders of the Chrysler Group will try to convince the leaders of the automaker's workers that their $7.4 billion...
Brampton plant seen building latest DaimlerChrysler sedan
DaimlerChrysler Canada Inc. will invest about $700 million to build a fifth model at its Brampton plant. Industry sources said yesterday the company will announce...
Health care didn't force Chrysler sale
The sale of the Chrysler Group cannot be blamed on the UAW's unwillingness to grant health care concessions to DaimlerChrysler AG, the German company's...
Bernhard not headed to Auburn Hills
Former Chrysler Chief Operating Officer Wolfgang Bernhard will not join the Auburn Hills-based automaker’s management, Cerberus Capital Management Chairman John Snow said this morning. One...
Chrysler bought by Cerberus for $7.4B
DaimlerChrysler (Charts) announced it will sell an 80 percent stake in its U.S. brand for $7.4 billion to Cerberus Capital Management, a private equity...
Chrysler Recalls 270,000 Minivans For Air bag Fix
DaimlerChrysler AG's Chrysler Group is recalling 2005 model-year Dodge Caravan and Chrysler Town & Country minivans to fix air bags that may fail to...
Magna Frontrunner to Buy Chrysler
Several analysts say Canadian auto parts supplier Magna International is the frontrunner in the bidding to grab a significant stake in the Chrysler Group....