Chrysler Fiat deal blocked by Supreme Court, for now
June 9, 2009 12:59:52 PM
A US Supreme Court justice has temporarily blocked the sale of Chrysler to Fiat. Could this be the deal's death blow?

Ex-Duracell CEO will become chairman of a restructured Chrysler LLC
May 21, 2009 3:39:06 PM
C. Robert Kidder will come on as chairman after Chrysler emerges from bankruptcy. The role of CEO will likely go to Fiat's Sergio Marchionne, who has formed an alliance between the two automakers.

Obama administration sets 35.5-mpg standard for 2016
May 19, 2009 1:33:54 PM
New standards call for an average fleet economy rating of 39 mpg for passenger cars and 30 mpg for light trucks. The Obama administration estimates the new regulations will add about 1,300 US dollars ...

GM to Close 1100 Dealers
May 18, 2009 1:19:48 PM
Large-scale dealership closing will result in the loss of 137,330 jobs. GM will be cutting its dealership ranks to 3,600 by next year. Down from 5,969 dealers it had in 2008, a reduction of 40 percent...

Chrysler Announces 789 Dealers to be Closed
May 15, 2009 3:09:05 PM
Chrysler is to shut down 789 of its 3,200 US dealerships in a bid to cull costs and return to profitability. About 40,000 jobs will be lost.

Chrysler Fiat Deal Confirmed
May 1, 2009 10:24:52 AM
On the same day company declares it will file for bankruptcy, Chrysler confirms its alliance deal with Fiat. The Turin-based Italian automaker will provide Chrysler with models, platforms and technolo...

Chrysler Bankruptcy Announced by Obama - CEO Nardelli to step down
May 1, 2009 7:52:50 AM
Chrysler hopes turnaround will be quick and last only 30 to 60 days. Chrysler will continue to operate with capital infusions from the US and Canadian governments. CEO Bob Nardelli will leave the comp...