President Barack Obama, in less than five months in office, kicked out the head of General Motors Corp., scored a majority stake in Chrysler LLC for the United Auto Workers and stiffened U.S. fuel-mileage standards.
www.bloomberg.com
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Showing posts with label chrysler. Show all posts
Showing posts with label chrysler. Show all posts
Monday, June 8, 2009
Obama Aid Signals Deal With ‘Devil’
President Barack Obama, in less than five months in office, kicked out the head of General Motors Corp., scored a majority stake in Chrysler LLC for the United Auto Workers and stiffened U.S. fuel-mileage standards.
www.bloomberg.com
Wednesday, May 20, 2009
GMAC Said to Get $7 Billion to Fund Chrysler, GM Customers
GMAC LLC, the auto and home lender that was bailed out in December, will receive more than $7 billion in government funds to provide financing for customers of Chrysler LLC and General Motors Corp., according to two people familiar with the matter..
www.bloomberg.com
www.bloomberg.com
Thursday, April 30, 2009
Chrysler Files For Chapter 11
Chrysler filed for Chapter 11 bankruptcy protection and will enter into a partnership with Italy's Fiat. Obama said the deal would allow Chrysler to "thrive."
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